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You own a bond with a face value of $100,000 which has a coupon of 9% and matures in 10 years. You paid $98,950 for
You own a bond with a face value of $100,000 which has a coupon of 9% and matures in 10 years. You paid $98,950 for the bond. However, the bond is callable in 5 years for a price of 102. What is the yield to Call?
A. 4.80%
B. 9.16%
C. 9.59%
D. 9.60%
E. 4.80%
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