13) Chamberlain Company wants to issue new 13-year bonds for some much-needed expansion projects. The company currently has 7.6 percent coupon bonds on the market that sell for $1,104.83, make semiannual payments, and mature in 13 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. A) 6.30% B) 6.40 % C) 6.70% D) 3.20% E) 6.10%