Your client is considering the purchase of a bond that is currently selling for $$1123\mathrm{.}98.$ The client wants to know what annual rate of return can they expect to earn on the bond. The bond has $11$ years to maturity, pays a coupon rate of $7\mathrm{.}8\%($payments made semi$-$annually$),$ and a face value of $$1000.($Round to $100$th of a percent and enter your answer as a percentage, e$.$g$.,12\mathrm{.}34$ for $12\mathrm{.}34\%)$

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