The current market price of Smith Corporation's, 10 year bonds is $1,297.58. A 10 percent coupon interest rate is paid semiannually, and the par value is equal to $1,000. What is the yield-to-maturity (stated on a nominal, or annual, basis) if the bonds mature 10 years from today?
A. 8%
B. 6%
C. 4%
D. 2%
E. 1%