Question: 28. Chapter MC, Section .07, Problem 089.Algo Keenan Industries has a bond outstanding with 15 years to maturity, an 8.25% nominal coupon, semiannual payments, and

28. Chapter MC, Section .07, Problem 089.Algo Keenan Industries has a bond outstanding with 15 years to maturity, an 8.25% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 6.50% nominal yield to maturity, but it can be called in 6 years at a price of $1,045. What is the bond's nominal yield to call? Do not round your intermediate calculations. a. 3.77% b. 5.81% c. 2.80% d. 5.59% e. 5.21%

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