Eagle Industries' bonds have a 10-year maturity and a 8.00 % coupon paid semiannually. They sell at their $1,000 par value, and are not callable. What is the effective annual rate (EFF %) for these bonds? Recall that EFF % = [1 + (Nominal Rate/n)]" - 1 Your answer should be between 7.20 and 9.12, rounded to 2 decimal places, with no special characters.