The best measure for calculating yield that the investor can use for the bond is C. Yield to Call.
The bond is a callable bond which means that there is a chance the issuer will call it if interest rates drop too low.
The fact that the bond was purchased at the premium (price higher than par) means that interest rates are low so there is a good chance of the bond being called.
The investor should therefore use the yield to call which would take into account the possibility of the bond being called.
Options for this question include:
A. Total Return
B. Current Yield
C. Yield to Call
D. Yield to Maturity
Find out more on callable bonds at https://brainly.com/question/24129882.
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