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The Jenny Z . Company currently has a bond outstanding with a coupon rate of 1 7 percent and semiannual payments. The bond is currently

The Jenny Z. Company currently has a bond outstanding with a coupon rate of 17 percent and semiannual payments. The bond is currently selling for $5,428.9. The bond matures in 16 years and has a par value is $5,000. What is the yield to maturity (YTM) of The Chauncey Company's bonds?
15.53%
10.00%
31.06%
15.12%
7.77%
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