Daylight Corp has $10,000,$ $$1,000$ par value bonds outstanding with coupon of $10\%$ and $5$ years to maturity. The bonds currently trade for $$1,054$ and pay interest semi$-$annually. What is the before tax cost of debt for Daylight Corp.?NOTE: Enter your answer as a percentage, do not use units, and use $3$ decimal places. For example, if your answer is $0\mathrm{.}012343,$ enter $1\mathrm{.}234$