Question: YTC, Yield to Call A 4.5% bond with 7 years left to maturity is likely to be called in 6 months at 103. It is

 YTC, Yield to Call A 4.5% bond with 7 years left

YTC, Yield to Call A 4.5% bond with 7 years left to maturity is likely to be called in 6 months "at 103." It is currently trading at a price of $1,002.79. The bond pays coupons semiannually. The bond's YTC (Yield to Call) is %. Margin of error for correct responses: +/-.03%. Rounding and Formatting instructions: Do not enter a % sign in your response. Do not round any intermediate work, but round your final* response to 2 decimal places (Example: if your answer is 12.34567%, you should enter 12.35.)

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