Schlumberger has a bond outstanding with the following characteristics:

Par: $10,000

Coupon rate: 2.40%

Semi-annual periods to maturity: 12

Market price: $10,212.10

The company has other bonds outstanding. However, this bond is closest to the maturity of any new bonds that the company will issue to finance a new project. Calculate the yield to maturity on this bond.

2.023%

2.217%

2.813%

2.640%

3.035%

2.400%