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Trickle Corporation's 1 7 percent coupon rate, semiannual payment, $ 1 , 0 0 0 par value bonds which mature in 2 0 years. The

Trickle Corporation's 17 percent coupon rate, semiannual payment, $1,000 par value bonds which mature in 20 years. The bond currently sell for $1,230.51 in the market. What is the bond Yield to Maturity (YTM)?
a.)6.81%
b.)6.8%
c.)13.6%
d.)13.62%

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