Chamberlain Co. wants to issue new 12-year bonds for some much-needed expansion projects. The company currently has 9.0 percent coupon bonds on the market that sell for $892.76, make semiannual payments, and mature in 12 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 Multiple Choice 5.30% 10.60% 10.90% 10.30% 10.50%