7. A bond has 6 years remaining to maturity and has a coupon rate of 7.5%. Coupon payments are made annually and the bond has an even value of $ 1,000. The bond is currently selling in the market for $ 1,127. What is the yield to maturity of this bond?

a. 7.5%

b. 5%

c. 11.5%

d. 2.5%

e. It cannot be calculated because information is missing.