Question: PLEASE HELP ASAP Douglas Dynamics Inc. has outstanding $1,000 face value 8% coupon bonds that make semiannual payments, and have 14 years remaining to maturity.

PLEASE HELP ASAP
PLEASE HELP ASAP Douglas Dynamics Inc. has outstanding $1,000 face value 8%

Douglas Dynamics Inc. has outstanding $1,000 face value 8% coupon bonds that make semiannual payments, and have 14 years remaining to maturity. If the current price for these bonds is $987.24, what is the annualized yield to maturity? A. 8.64% B. 8.15% C. 8.00% D. 8.38%

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