You have a $7-$year bond, with $$1,000$ face value, $8\mathrm{.}00\%$ coupon rate, and quarterly coupon payments. It is currently trading at a price of $$948\mathrm{.}480.$ Which of the options below corresponds to this bond's yield to maturity $($in APR$)?$

Hint: You can solve this by trial and error using the bond pricing formula and entering the possible interest rates per period $"r"$ derived from the options provided below $($Note that the answers below are APR$).$

YTM $=9\mathrm{.}00\%$ APR

$YTM=5\mathrm{.}40\%$ APR