Seven years ago, the Goodyear Tire & Rubber Company issued a series of 20-year coupon bonds. These bonds have a coupon rate of 5% paid semiannually, a face value of $1,000, and were originall issued at par. An investor recently purchased 100 of these bonds for a total cost of $81,847 ($818.47 per bond). What is the implied yield-to-maturity of these bonds based upon this transaction price? Select the most appropriate answer. OA. 4.40% B. 4.94% OC. 7.17% D. 5%

Seven yean ago, the Goodyear Tre \& Rubber Compary lssued a series of 20-year coupon bands. These bonds have a coupon rate of 5% paid ssmiannually a face value of 51,060 , and here origrai issued at par. An itvestor recently purchased 100 of these bonds for a total cost of $81.847 (\$818.47 per bond) What is the implied yield to-miturity of these bonds based upon this transackon price? Select the most apgroprnate antwer. A. 4.40N B. 4.94% c. 7.17% D. 5%