Funded Farmers has issued outstanding bonds with the following characteristics:

Par value: R$1000$

Maturity: $25$ years

Yield to maturity: $9,25\%$ annually

Interest payments: Semi$-$annually

Current selling price: R$850$

What is the bond's annual coupon interest rate?

$1.$

$7,25\%$

$2.$

$7,32\%$

$3.$

$7,70\%$

$4.$

$7,95\%$