Please post step by step with no excel. answer has to be one of those answers. thanks

8. Question SOA FM 97 1: Dan purchases a 1000 par value 10-year bond with 6% semiannual coupons for 991.98. He is able to reinvest his coupon payments at a nominal rate of 10% convertible semiannually. Calculate his nominal annual yield rate convertible semiannually over the ten-year period. b. 5.83% c.7.22% d. 9.45% e. 11.12% a. 3.36%