FOR THIS AND THE NEXT QUESTION. A 5-year BBB corporate bond is currently selling at 34.19 percent above par with a coupon rate of 13.75%. Note that par value = $1,000. Coupons are paid semiannually. Calculate this bond's yield to maturity.

Question options:

1)

5.67%

2)

3%

3)

5.78%

4)	Less than 5%

5)

10.25%