Messenger, Inc. bonds have a $12\%$ coupon rate with semiannual coupon payments and a $$1,000$ par value. The bonds have $11$ years until maturity, and sell for $$987.$ What is the current yield for Messenger's bonds?

Question $12$ options:

$6\%$

$12\mathrm{.}16\%$

$6\mathrm{.}08\%$

$12\%$