Suppose the current term structure has spot rates $r_{\frac{1}{2}}=\mathrm{.}1$ and $r_1=\mathrm{.}12.$

Consider a $1-$year bond with semiannual coupons of amount $7$ and redemption

amount $50.$ Find the yield rate, quoted as a nominal annual rate compounded

semiannually.

$9\mathrm{.}14\%$

None of these

$5\mathrm{.}47\%$

$11\mathrm{.}54\%$

$8\mathrm{.}76\%$

$10\mathrm{.}32\%$