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 $15,$

The bonds have a par value of $$2,000$ and semiannual coupons.

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$.,32\mathrm{.}16.$

Coupon rate