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4 ) The bonds issued by Stainless Tubs bear an 8 percent coupon, payable semiannually. The bonds mature in 1 1 years and have a

4) The bonds issued by Stainless Tubs bear an 8 percent coupon, payable semiannually. The bonds mature in 11 years and have a $1,000 face value. Currently, the bonds sell for $952. What is the yield to maturity?
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7.87 percent
7.92 percent
8.08 percent
8.69 percent
9.20 percent
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