Question $6$

A bond with $6$ years left to maturity is trading for $$1,018.$ It pays coupons

semiannually. Its YTM is currently $3\mathrm{.}3\%.$ The coupon rate for this bond

must be

$.$

Margin of error for correct responses: $+/-\mathrm{.}03(\%).$

Rounding and Formatting instructions:

Do not enter dollar signs, percent signs, commas, X$,$ or any words in your

response. Do not round any intermediate work, but round your

response to $2$ decimal places $($example: if your answer is $12\mathrm{.}3456,$

$12\mathrm{.}3456\%,$ or $$12\mathrm{.}3456,$ you should enter $12\mathrm{.}35).$