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Easttown Properties has a bond with an 7.25% coupon that pays interest semiannually. The par value is $1,000 and the current market price is $932.63.

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Easttown Properties has a bond with an 7.25% coupon that pays interest semiannually. The par value is $1,000 and the current market price is $932.63. The bond has a current maturity of 12 years. What is the bond's annual yield to maturity? O A. 8.14 percent B. 6.91 percent O C.5.85 percent O D.4.07 percent O E. 7.32 percent

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