Thatcher Corporation's bonds will mature in 5 years. The bonds have a face value of $1,000 and an 9% coupon rate, paid semiannually. The price of the...

Thatcher Corporation's bonds will mature in 5 years. The bonds have a face value of $1,000 and an 9% coupon rate, paid semiannually. The price of the bonds is $1,050. The bonds are callable in 3 years at a call price of $1,150. What is their yield to call?