Yields are 11.2% and will stay at that level forever. A callable bond has maturity of 8 years and coupon rate of 14.7% (interest paid annually). All rates are annualized assuming periodicity of 1 (i.e. annual compounding). The issuer can call the bond at a call price of 106, but the bond has a call protection of 3 years. What would be the issuer's gain from the bond's embedded call option when the call protection expires? If you determine that the issuer will call the bond, report the gain from calling. If you determine that the issuer will not call the bond, report again of O. (If your solution is $4.44 then enter "4.44" as the answer. Precision is 0.01+/- 0.02.)