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 $922.45 for a $800 face value. What is the yield to maturity? Select one: a. 3.8 percent b. 2.8 percent c. 7.7 percent d. 7.1 percent e. 5.6 percent