D Question 7 10 pts You own a bond with the following features: face value of $1000, coupon rate of 6% (semiannual coupon), and 15 years to maturity. The bond has a current price of $1104.65.
The bond is callable after seven years with the call price of $1100.
What is the yield to call if the bond is called at seven years (state as an APR)?
Enter your answer to 2 decimal places. For example 5.27 Do not include the symbol, just enter the number.