A corporation has issued a $$13$ million issue of floating$-$rate bonds on which it pays an interest rate $0\mathrm{.}5\%$ over the SOFR rate. The bonds are selling at par value. The firm is worried that rates are about to rise, and it would like to lock in a fixed interest rate on its borrowings. Dealers in the swap market are offering swaps of SOFR for $8\%.$ A swap position converts the firm$$s borrowings to a synthetic fixed$-$rate loan. What interest rate will it pay on that synthetic fixed$-$rate loan?