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10 Chamberlain Company wants to issue new 17-year bonds for some much-needed expansion projects. The company currently has 92 percent coupon bonds on the market

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10 Chamberlain Company wants to issue new 17-year bonds for some much-needed expansion projects. The company currently has 92 percent coupon bonds on the market that sell for $1,263.32, make semiannual payments, and mature in 17 years. What coupon rate should the company set on its new bonds if it wants them to sell at par? Assume a par value of $1,000 Multiple Choice 6.30% 6.60% 3.30% 6.90% 6.50% 12 You purchase a bond with a coupon rate of 9.8 percent and a clean price of $1,080. If the next semiannual coupon payment is due in five months, what is the invoice price? Assume a par value of $1,000. Multiple Choice $1.088.17 $1.136.34 $1.060.33 $1.052.17 Song

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