Jimbo Inc. is planning to issue new bonds. The bonds will carry an $8\%$ coupon rate $($paid annually$)$ and will have $10$ years until maturity. Investors buying the bonds will pay $$1,025.$ The investment bank$$helping float the issue will keep $$60$ per bond. Jimbo Is in the $40\%$ tax bracket. Which of the following$$is closest to$$Jimbo$\text{'}$s$$pre$-$tax cost of borrowing?

$7\mathrm{.}82\%$

$8\mathrm{.}00\%$

$8\mathrm{.}32\%$

$8\mathrm{.}53\%$