-Select- < -Select- 2 % $1,165.45. eBook b. If you bought this bond, which return would you actually earn? Select the correct option. h 07: End-of-Chapter Problems - Bonds and Their Valuation Investors would expect the bonds to be called and to earn the YTC because the YTC is greater than the YTM. Investors would expect the bonds to be called and to earn the YTC because the YTM is less than the YTC. Investors would not expect the bonds to be called and to earn the YTM because the YTM is less than the YTC. Investors would not expect the bonds to be called and to earn the YTM because the YTM is greater than the YTC. I. Investors would expect the bonds to be called and to earn the YTC because the YTC is less than the YTM. Investors would expect the bonds to be called and to earn the YTC because the YTC is greater than the YTM. Investors would expect the bonds to be called and to earn the YTC because the YTM is less than the YTC. Investors would expect the bonds to be called and to earn the YTC because the YTC is less than the YTM. Investors would not expect the bonds to be called and to earn the YTM because the YTM is less than the YTC. What is the yield to call? Do not round intermediate calculations. Round your answer to two decimal places. It can be called at 109 - that is, at 109% of par or 1,090. Interest rates have declined since it was issued, and it is now selling at 116.545% of par or It is now January 1, 2018, and you are considering the purchase of an outstanding bond that was issued on January 1, 2016. It has a 9.5% annual coupon.