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Gabriel Corporation has outstanding $ 1 , 0 0 0 , 8 % semiannual coupon bonds. The bonds have fourteen years remaining to maturity. If

Gabriel Corporation has outstanding $1,000,8% semiannual coupon bonds. The bonds have fourteen years remaining to maturity. If the current price for these bonds is $1,118.74, what is the annualized yield to maturity?
a.
5.85%
b.
6.00%
c.
5.67%
d.
6.12%
e.
6.68%

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