Maxcorp$$s bonds sell for $$1,240\mathrm{.}37.$ The bond life is $9$ years, and the yield to maturity is $7\mathrm{.}7\%.$ What is the coupon rate on the bonds? $($Assume a face value of $$1,000$ and annual coupon payments.$)$

Note: Do not round intermediate calculations. Enter your answer as a percent rounded to $2$ decimal places.