9 Chamberlain Co. wants to issue new 16-year bonds for some much-needed expansion projects. The company currently has 6.2 percent coupon bonds on the market that sell for $642.30, make semiannual payments, and mature in 16 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. 10 points eBook Multiple Choice Print References 10.70% 10.70% O 5.50% O 11.00% O 11.30% O 10.90% 10 You purchase a bond with an invoice price of $1,030. The bond has a coupon rate of 5.8 percent, and there are 3 months to the next semiannual coupon date. What is the clean price of the bond? Assume a par value of $1,000. 10 points eBook Multiple Choice Print $995.50 References $1,026.50 $1,001.10 $1,015.50 $981.00 11 You purchase a bond with a coupon rate of 4.4 percent and a clean price of $1,040. If the next semiannual coupon payment is due in two months, what is the invoice price? Assume a par value of $1,000. 10 points eBook Multiple Choice Print $1,100.16 References $1,018.67 $1,033.33 $1,054.67