Question: A bond has a $ 1 , 0 0 0 par value, 2 5 years to maturity, and pays a coupon of 4 . 7

A bond has a $1,000 par value, 25 years to maturity, and pays a coupon of 4.75% per
year, annually. The bond is callable in 10 years at $1,100. If the bond's price is
$1,069.38, what is its yield to call?
4.67%
4.53%
5.11%
4.85%
4.97%
 A bond has a $1,000 par value, 25 years to maturity,

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