Question: Indicate the answer choice that best completes the statement or answers the question. Keenan Industries has a bond outstanding with 15 years to maturity, an

 Indicate the answer choice that best completes the statement or answers

Indicate the answer choice that best completes the statement or answers the question. 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 $1,130. What is the bond's nominal yield to call? O a. 5.72% O b. 6.65% Oc. 5.18% O d. 6.51% Oe. 7.51%

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