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Yellow Submarines Inc. has an outstanding bond with 8 years to maturity, which pays an 8% semi-annual coupon. The current price of the bond is

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Yellow Submarines Inc. has an outstanding bond with 8 years to maturity, which pays an 8% semi-annual coupon. The current price of the bond is $1096.31 for a $800 face value. What is the yield to maturity? Select one: a. 2.8 percent O b. 3.5 percent O c. 1.9 percent O d. 1.4 percent e. 3.8 percent

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