Enabled: Mid$-$Semester Exam

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Uliana Company wants to issue new $15-$year bonds for some much$-$needed expansion projects. The company currently has $8$ percent coupon bonds on the market that sell for $$1,090,$ make semiannual payments, and mature in $15$ years. Both bonds have a par value of $$1,000.$ What coupon rate should the company set on its new bonds if it wants them to sell at par?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$