Your company issued a $15-$year bond issue outstanding that pays a $7\%$ coupon. The

bond is currently priced at $$920\mathrm{.}30$ and has a par value of $$1,000.$ Interest is paid

semiannually. What is the yield to maturity?

$4\mathrm{.}55\%$

$6\mathrm{.}27\%$

$8\mathrm{.}54\%$

$3\mathrm{.}95\%$

$7\mathrm{.}92\%$