If the current risk$-$free rate is $5\%,$ what is the current market risk premium implied by the following information about a bond, assuming that the bond is priced in equilibrium?

Par value: $$1,000$

Years to maturity: $10$ years

Coupon rate: $8\%$ paid semiannually

Current market price: $$880$

Beta of the bond: $0\mathrm{.}5$

Select one:

a$..0984$

b$.\mathrm{.}0667$

c$.\mathrm{.}0821$

d$.\mathrm{.}0743$