1.A corporation just issued 10- year, semi-annual bonds, selling them at their par value of $1,000. However, immediately after the bonds were issued, the Federal Reserve Bank decided to stimulate the economy by causing prevailing interest rates to decrease. This in turn caused the going market required return for bonds of similar risk and maturity to fall from 6.4% to 6.1%. What was the coupon rate on these bonds when they were first issued? What will be the new price of these bonds after the decrease in interest rates