A bond with 14 years to maturity is selling for $1,070 and has a yield to maturity of 10.16 percent. If this bond pays its coupon payments semi-annually and par value is $1,000, what is the bond's annual coupon rate? Hint: estimate the semi-annual coupon payment, multiply it by 2, estimate the annual coupon rate. O 5.55 percent 11.11 percent 11.00 percent 5.54 percent