A 6% bond is purchased at $1200 and the maturity is 10 years. It is first callable in 5 years. The bond's yield-to-call is closest to

A 6% bond is purchased at $1200 and the maturity is 10 years. It is first callable in 5 years. The bond's yield-to-call is closest to

A 6% bond is purchased at $1200 and the maturity is 10 years. It is first callable in 5 years. The bond's yield-to-call is closest to 





A) 1.82%
B) 3.33%
C) 363.00%
D) 4.00%










Answer: A