A company has an annual payment bond with $10$ years to maturity and a price of $$877\mathrm{.}11.$ Face value is $$1,000.$ The coupon rate is $8\%.$ What is the yield to maturity? Refer back to the bond chapter practice for an annual payment bond. There is no need to adjust the coupon rate or maturity for semi$-$annual since this bond is annual payment. Enter your answer as a percentage rounded to $2$ decimal places $($e$.$g$.,$ enter $5\mathrm{.}25$ percent as $5\mathrm{.}25)$

Numeric Response