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Lumanat Inc. issued a semi - annual corporate bond with a 1 2 % coupon interest rate, matures in 1 0 years and has a

Lumanat Inc. issued a semi-annual corporate bond with a 12% coupon interest rate, matures in 10 years and has a current market value of $650. The bond has a face value of $1000 and is callable in 2 years at $1050. What is the exact current annual yield for this bond?
a. None of the above
b.16.7%
c.23.3%
d.17.1%
e.20.0%
f.21.5%
g.18.5%
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