The yield to call is always higher than the yield to maturity for coupon bonds.

Question

Quizplus · Accepted Answer

The yield to call can be higher or lower than the yield to maturity depending on the bond's price, interest rates, and the call price relative to the bond's face value. If a bond is callable and interest rates decline, it's more likely to be called away, potentially making the yield to call higher if the bond was purchased at a discount or lower if purchased at a premium.

The Yield to Call Is Always Higher Than the Yield