Watson Industries has a 16-year bond issued one year ago that pays a 9% coupon. The bond is currently priced at $894.60 and has a par value of $1,000. Interest is paid semi-annually. What is the yield to maturity? Multiple Choice 10.16% 8.67% 10.13% 10.45% and has a par value of $1,000. Interest is paid semi-annually. What is the yield to maturity? Multiple Choice 10.16% 8.67% 10.13% 10.45% 10.40%