Question 22 (6 points) Continued from the above problem (Q21), what is the yield to call if bonds are called back at the end of year 5 with a call premium of 5%? 7.89% 7.42% 4.25% 3.71% 8.5% Question 23 (3 points) Saved Assume that you are the portfolio manager of the VIU Foundation, which is a $3 million hedged fund that contains the following four stocks. The market required rate % and the risk-free rate is 6%. Question 21 10 points) Javeu Nanaimo Timber Corporation's bonds will mature in 10 years. The bonds have a face value of $1,000 and a 9% coupon rate, paid semiannually. The bonds are currently quoted to be traded at $1,100. The bonds are callable in 5 years at a call premium of 5% of the par value. What is the yield to maturity if the bonds are not called back? 4.25% 5% 7.56% 9.0% 3.78%