You are analyzing the cost of debt for a firm. You know that the firm's $14-$year maturity, $7\mathrm{.}8$ percent coupon bonds are selling at a price of $$834\mathrm{.}00.$ The bonds pay interest semiannually. If these bonds are the only debt outstanding, answer the following questions.

Problem $13\mathrm{.}17$ a$1-$a$2($a$1)$

What is the current YTM of the bonds? $($Round intermediate calculations to $4$ decimal places, e$.$g$.1\mathrm{.}2514$ and final answer to $0$ decimal places, e$.$g$.15\%.)$

Current YTM for the bonds $\%$