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Yield to Call A 4 75 percent coupon bond with 12 years left to maturity can be called in 2 years. The call premium is

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Yield to Call A 4 75 percent coupon bond with 12 years left to maturity can be called in 2 years. The call premium is one year of coupon payments. It is offered for sale at $1037.35. What is the yield to call of the bond? (Assume that interest payments are paid semi-annually and par value is $1.000) 5 05% 4 75% 4 68% 4.60%

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