A bond has a face value of $1,000, a market price of $987, and pays $50.00 in interest every six months. What is the coupon rate? Please record your answer using the following format (12.54). Record your answer to two decimal places. While the answer should be given as a percentage, do NOT place a "%" directly after the number. In the box calling for units, there are four (4) possible responses: dollars; percent; ratio; or years. Type into the units' box the appropriate for your answer.