XZYY, Inc. currently has an issue of bonds outstanding that will mature in 23 years. The bonds have a face value of $1,000 and a stated annual coupon rate of 10% with semi-annual coupon payments. The bond is currently selling for $1151. The bonds may be called in 5 years for 112% of par value. What is the quoted annual yield-to-maturity for these bonds?

8.89%

4.25%

8.50%

8.24%

7.81%