Sadik Inc.'s bonds currently sell for $1,180 and have a par value of $1,000.They pay a $105 annual coupon and have a 15-year maturity,but they can be called in 5 years at $1,100.What is their yield to call (YTC)?

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The Answer of Sadik Inc.'s bonds currently sell for $1,180 and have a par value of $1,000.They pay a $105 annual coupon and have a 15-year maturity,but they can be called in 5 years at $1,100.What is their yield to call (YTC)?

Sadik Inc'S Bonds Currently Sell for $1,180 and Have a Par