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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