Three years ago, you purchased a 7% coupon, semiannual bond issued by Zen Corp. with a time to maturity of 8 years. You paid a price of $895.15 for each $1000 face value of the bond. What was the yield to maturity on the bond at the time of your purchase?

9.61%

11.08%

8.80%

7.93%

10.27%