Question: Bond Features Maturity (years) 5 Face Value = $1,000 Coupon Rate = 3.00% Current Price = $1,100 Coupon dates (Annual) Time to call (years) 3
| Bond Features | |
| Maturity (years) | 5 |
| Face Value = | $1,000 |
| Coupon Rate = | 3.00% |
| Current Price = | $1,100 |
| Coupon dates (Annual) | |
| Time to call (years) | 3 |
| Price if Called | $1,030.00 |
What is the bond's yield to call (YTC) (annual) if the bond is called at its first possible date?
| A. | 0.62% |
| B. | 0.63% |
| C. | 2.75% |
| D. | -0.31% |
| E. | 2.73% |
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