$1$ pts

A $$1,000$ par value bond sells for $$1,400.$ It matures in $10$ years, has a $12$ percent coupon, pays interest semiannually, and can be called in $$ years at a price of $$1,500.$ Calculate the bond's yield to maturity.

$8\mathrm{.}05\%$

$12\mathrm{.}06\%$

$11\mathrm{.}26\%$

$10\mathrm{.}06\%$

$6\mathrm{.}49\%$