Global Satellite Corp. issues $14-$year, AA$-$rated bonds. What is the yield on one of these bonds? Disregard cross$-$product terms; that is$,$ if averaging is required, use the arithmetic average.

$5\mathrm{.}45\%$

$11\mathrm{.}51\%$

$12\mathrm{.}81\%$

$12\mathrm{.}26\%$