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urgent A 25-yeat maturity. 87is coupon bond paying coupons semiannually is callable in six years at a call price of $1,135. The bond currently sells

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A 25-yeat maturity. 87is coupon bond paying coupons semiannually is callable in six years at a call price of $1,135. The bond currently sells at a yield to maturity of 7.7% (3.85\% per halfyear) Required: a. What is the yield to coll? (Do not round intermediate calculations. Round your answer to 2 decimat ploces.)

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