Question: The answer is incorrect. Please provide the steps to get the right answer? 0 1 pts A callable bond from Harold is selling at 104%

The answer is incorrect. Please provide the steps to get the right answer?

0 1 pts A callable bond from Harold is selling at 104% of its par value at this moment. The annual coupon rate is 8% and it is callable in year 2030 with a call a 3% call premium. What is Harold Bond's YTC (yield to call)? (Please round up your answers to two decimals and type your answer without the percentage sign. E.g. if you answer is 15.856%, type 15.86) 1.15

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