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X Corp. has 1 8 - year bonds outstanding. These bonds, which pay interest semiannually, have a coupon rate of 1 0 . 8 0

X Corp. has 18-year bonds outstanding. These bonds, which pay interest semiannually, have a coupon rate of 10.805 percent and a yield to maturity of 6.3 percent. Assuming face value of $1,000. Current Price of the bond is $1480.95 and if called in 5 years with a 13.5% premium over par value the realized yield is 2.469%. If you bought one of these bonds today, what is your expected rate of return?

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