A few years ago, Spider Web, Inc. issued bonds with a $11\mathrm{.}18$ percent annual coupon rate, paid semiannually. The bonds have a par value of $$1,000,$ a current price of $$886,$ and will mature in $16$ years. What would the annual yield to maturity be on the bond if you purchased the bond today?

Round the answer to two decimal places in percentage form.