Cup of Noodles bond carries a 7.5 percent coupon, paid annually. The par value is $1,000, and the bond matures in five years. If the bond currently sells for $1,206.09, what is the yield to maturity on the bond?

a. 3%

b. 4%

c. 5%

d. 6%

e. 7%

f. 2.5%

g. 3.75