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20. Bond Yields (LO2) Airbutus Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 8% coupon bonds on

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20. Bond Yields (LO2) Airbutus Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 8% coupon bonds on the market that sell for $930, make semiannual payments, and mature in 20 years. What coupon rate should the company set on its new bonds if it wants them to sell at par? 27. Finding the Maturity ( LO2 ) You've just found a 10% coupon bond on the market that sells for par value. What is the maturity on this bond

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