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What is the yield to maturity of a 9.1 %9.1% semiannual coupon bond with a face value of $1,000 selling for $ 884.36$884.36 that matures

What is the yield to maturity of a

9.1 %9.1%

semiannual coupon bond with a face value of $1,000 selling for

$ 884.36$884.36

that matures in

99

years?

The annual yield to maturity of the bond is: (Select the best choice below.)

A.

12.957%

B.

11.17%

C.

9.718%

D.

11.84%

E.

12.399%

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