McConnell Corporation has bonds on the market with $16$ years to maturity, a YTM of $6\mathrm{.}6$ percent, a par value of $$1,000,$ and a current price of $$1,316\mathrm{.}50.$ The bonds make semiannual payments. What must the coupon rate be on these bonds?

Multiple Choice

$14\mathrm{.}98\%$

$9\mathrm{.}93\%$

$19\mathrm{.}72\%$

$7\mathrm{.}47\%$

$9\mathrm{.}83\%$