Problem $6-5$ Coupon Rates $[$LO $2]$

Nikita Enterprises has bonds on the market making annual payments, with $15$ years to maturity, a par value of $$1,000,$ and selling for $$971.$ At this price, the bonds yield $8\mathrm{.}3$ percent. What must the coupon rate be on the bonds?

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