A corporate bond has a coupon of $7\mathrm{.}5$ percent and pays interest annually. The face value is $$1,000$ and the current market price is $$1,108\mathrm{.}15.$ The bond matures in $14$ years. What is the yield to maturity?

$($A$)7\mathrm{.}82\%$

$($B$)6\mathrm{.}31\%$

$8\mathrm{.}00\%$

$8\mathrm{.}04\%$

$8\mathrm{.}12\%$