Yield to Call Find the yield to call for a 9% coupon, $1,000 par 15 year bond selling at $1012.80 if the bond is callable in 6 years at a call price of $1,090. The bond makes semiannual coupon payments.

a) 8.86%

b) 9.85%

c) 8.71%

d) 9.11%