C) Liquidity 5. The City of Pawnee has a bond issue with a coupon rate of 5.5 percent that matures in 8.5 years. The bonds have a par value of $1,000 and a market price of $1,022. Interest is paid semiannually. What is the yield to maturity? A) 6.36 percent B) 6.42 percent C) 5.61 percent D) 5.74 percent E) 5.18 percent