Ashes Divide corp has bonds on the market with 12 years to maturity, a YTM of 10.0 percent and a current price of $1,296.50. The bonds make semiannual payments. What must the coupon rate be on these bonds?

a)22.14%

b)14.30%

c)14.40%

d)28.70%

e)11.03%

??