Oriole Inc. has the following general$-$purpose debt for the year ended December $31,2023$ :

$8\%,2-$year note, issued January $1,2023$ for $$462000$

$7\mathrm{.}50\%5-$year note, issued March $31,2023$ for $$756000$

$9\%,20-$year bond, issued October $1,2023$ for $$1060000$

Calculate the capitalization interest rate.

$7\mathrm{.}99\%$

$3\mathrm{.}69\%$

$8\mathrm{.}38\%$

$8\mathrm{.}17\%$