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Endicott Enterprises Inc. has issued 30minusyear semiannual coupon bonds with a face value of $1,000. If the current price per bond is $845.00 and the

Endicott Enterprises Inc. has issued 30minusyear semiannual coupon bonds with a face value of $1,000. If the current price per bond is $845.00 and the coupon rate is14%, what is the bond's yield to maturity?

A. 16.59%

B.16.60%

C. 8.29%

D. 8.30%

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