Problem $6-33$ Coupon Rates $[$LO $2]$

You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January $15,2022.$ The bonds have a par value of $$2,000$ and semiannual coupons.

Company $($Ticker$)$ Coupon Maturity Last Price Last Yield Estimated $ Volume $(000$s$)$

Xenon, Incorporated $($XIC$)7\mathrm{.}000$ January $15,204194\mathrm{.}375??$question mark $57,378$

Kenny Corporation $($KCC$)7\mathrm{.}280$ January $15,2035??$question mark $6\mathrm{.}3448,957$

Williams Company $($WICO$)??$question mark January $15,203794\mathrm{.}8957\mathrm{.}1643,818$

What is the coupon rate for the Williams Company bond?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$