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Ghost Rider Corporation has bonds on the market with 1 0 years to maturity, a YTM of 7 . 5 percent, and a current price

Ghost Rider Corporation has bonds on the market with 10 years to maturity, a YTM of 7.5 percent, and a current price of $988. Using semi-annual compounding, what must the percentage annual coupon rate be on the companys bonds?
(Note: Round your answer to four decimal places; Use a financial calculator to solve this problem, and document the key sequences entered, like [N],[PMT],[CF], etc.)

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