Question: WILL UPVOTE PLEASE ANSWER A bond paying a 8% coupon (with semiannual payments) and with a maturity of 22 years is currently selling at a

WILL UPVOTE PLEASE ANSWER A bond paying a 8% coupon (with

WILL UPVOTE PLEASE ANSWER

A bond paying a 8% coupon (with semiannual payments) and with a maturity of 22 years is currently selling at a yield to maturity of 7%. The bond can be called in 4 years at a price of $1,050. What is the Yield-to-Call? Enter your answer with two decimals (e.g., 9.87)

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