McConnell Corporation has bonds on the market with $14$ years to maturity, a YTM of $7\mathrm{.}2$ percent, a par value of $$1,000,$ and a current price of $$1,196\mathrm{.}50.$ The bonds make semiannual payments. What must the coupon rate be on these bonds?

Multiple Choice

$7\mathrm{.}90\%$

$18\mathrm{.}95\%$

$9\mathrm{.}55\%$

$9\mathrm{.}45\%$

$15\mathrm{.}84\%$