Step by step, DONT use a financial calculator to determine your answer. Your firm has issued a 10-year $1,000.00 par value semiannual 10% coupon bond that sells for $1,000 in the market place. The proceeds from the sale of the bond issue are $975.00 per bond. What is your firm's yield to maturity on this new bond issue? Don't use a financial calculator to determine your answer.

A) 5.15%

B) 10.16%

C) 10.30%

D) 10.41%