An eight$-$year, annual payment, $7$ percent coupon Treasury bond has a price of

$$1,075.$ The bond's annual expected rate of return must be:

$13\mathrm{.}49$ percent.

$5\mathrm{.}80$ percent.

$7\mathrm{.}00$ percent.

$1\mathrm{.}69$ percent.

$4\mathrm{.}25$ percent.