UGA issued a 20-year bond that pays a semi-annual coupon of $32.00, has a par value of $1,000, and a nominal annual yield-to-maturity of 7.508 percent. This bond can be called in 5 years, and the nominal annual yield-to-call is 10.15 percent. Determine the call premium for this bond.

Group of answer choices

A) $30

B) $40

C) $70

D) $50

E) $60