Merlin's Publications has $$1,000$ face value bonds which currently sell for $$819\mathrm{.}21.$ They have a $7\mathrm{.}38\%$ annual coupon rate. What is the current yield on these bonds?

a$.11\mathrm{.}39\%$

b$.11\mathrm{.}65\%$

c$.9\mathrm{.}01\%$

d$.7\mathrm{.}92\%$

e$.7\mathrm{.}95\%$