There is a bond that has a quoted price of $105\mathrm{.}957$ and a par value of $$2,000.$ The coupon rate is $6\mathrm{.}90$ percent and the bond matures in $24$ years. If the bond makes semiannual coupon payments, what is the effective annual interest rate?

Multiple Choice

$3\mathrm{.}09\%$

$5\mathrm{.}86\%$

$6\mathrm{.}41\%$

$3\mathrm{.}21\%$

$6\mathrm{.}51\%$