2. please help

Fill in Blank. On May 1st, 2019, Mineral Bistro Inc. issues 2,500 corporate bonds, each with face value $ 1,000. Interest is payable on every May 1st and November 1st after the issuance date. Any premium or discount on bond payable is amortized under effective interest rate method. The following is the premium/discount amortization information: Cash Paid for Date Interest Exp. Premium/Discount Carrying Amt. of Bonds Interest Amortized Payable 5/1/2019 $3,000,638 11/1/2019 $ 162,500 $ 161,284 $ 1,216 $ 2,999,422 5/1/2020 $ 162,500 $ 161,219 $ 1,281 $ 2,998,141 %. The effective interest rate at the time of issuance is Based on the above information, the stated (nominal) interest rate is (Round numeric answer to the nearest penny. e.g. 1.27) %