Question: Question 9 Micron Technology's bonds currently sell for $ 1 , 2 1 0 and have a par value of $ 1 , 0 0

Question 9
Micron Technology's bonds currently sell for $1,210 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-y ear maturity, but they can be called in 5 years at $1,100. What is their yield to call (YTC)?
Your answer should be between 4.56 and 8.32, rounded to 2 decimal places, with no special characters.
Question 9 Micron Technology's bonds currently sell for $1,210 and have

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