8. Best Western has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in six years, and have a 5 percent coupon. The current price is quoted at 101 percent of par. What is the yield to maturity? A. 2.32 percent B. 4.64 percent C. 5.00 percent D. 5.13 percent E. 5.27 percent