Draiman Corporation has bonds on the market with $18\mathrm{.}5$ years to maturity, a YTM of $11$ percent, a par value of $$1,000,$ and a current price of $$938.$ The bonds make semiannual payments. 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$.,32\mathrm{.}16.$