Com Inc's bonds currently sell for $1,200. They pay semi annual coupon, have a 15-year maturity, and a $1,000 par value, but they can be called in 5 years at $1,050. Assume thIt no costs other than the call premium would be incurred to call and refund the bonds, and also assume that the yield curve is horizontal, with rates expected to remain at current levels on into the future,YTM is 10%. what is the annual coupon rate?(round to 2 decimal places)