问题
单项选择题
An 11 percent coupon bond with annual payments and 10 years to maturity is callable in 3 years at a call price of $1100. If the bond is selling today for 975, the yield to call is:（）
A. 14.97%.
B. 10.26%.
C. 10.00%.
答案
参考答案：A
解析：
PMT=110, N=3, FV=1100, PV=975; CPT I=14.97