Bavarian Sausage wants to issue a 10 year coupon bond. The face value of the bond is $1,000 and the

bond makes semiannual coupon payments. Outstanding Bavarian Sausage 8% bonds with a remaining

maturity of 10 years are currently trading at $1,145. These bonds also have a face value of $1,000 and

make semiannual payments. If Bavarian Sausage wants the new bonds to sell at par, what should be

the coupon rate on these bonds?