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Fort Collins Realty Partners has a bond issue outstanding that pays a 12.50 percent coupon and matures in 25 years. The bonds have a par

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Fort Collins Realty Partners has a bond issue outstanding that pays a 12.50 percent coupon and matures in 25 years. The bonds have a par value of $1,000 and a market price of $1,065.80. Interest is paid annually. What is the yield to maturity? Select one: a. 11.68 percent b. 9.34 percent c. 10.51 percent d. 14.02 percent e. 12.85 percent

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