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23. Seether Co. wants to issue new 18-year bonds for some much-needed expansion projects. The company currently has 7.6 percent coupon bonds on the market

23. Seether Co. wants to issue new 18-year bonds for some much-needed expansion projects. The company currently has 7.6 percent coupon bonds on the market that sell for $815.62, make semiannual payments, and mature in 18 years. What coupon rate should the company set on its new bonds if it wants them to sell at par

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