FIN$300$ bonds have $15$ years to maturity, with a current price of $$980$ for each. If the appropriate discount rate is $8\%$ and the bond pays its coupon payments SEMIANNUALLY, what is the annual coupon rate of FIN$300$ bonds?

$1\mathrm{.}6\mathrm{.}56\%$

$2\mathrm{.}8\mathrm{.}78$

$3\mathrm{.}2\mathrm{.}99\%$

$4.7\mathrm{.}77\%$

$5\mathrm{.}3\mathrm{.}89\%$