You're considering an investment in 12-year, $1,000 face value bonds with a 8.50% coupon paid annually and a yield to maturity of 7.250%. The bonds are callable in three years at a call price of $1,085. If you believe that the bonds will be called how much will you earn? Select one: a. 7.38% b. 7.25% c. 4.91% d. 11.04% e. 7.68%