单选题 A 12 percent coupon bond with semiannual payments is callable in 5 years. The call price is $1120. If the bond is selling today for $1110, what is the yield-to-call?

A、

A. 10.25%.
B、

B. 11.25%.
C、

C. 10.95%.

【正确答案】 C

【答案解析】PMT=60, N=10, FV=1120, PV=1110 CPT I=5.47546 5.47546×2=10.95