Question: Sadik Inc.'s bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,050. What is their yield to call (YTC)?
a. 6.39%
b. 6.72%
c. 7.08%
d. 7.45%
e. 7.82%