Chamberlain Co. wants to issue new 13-year bonds for some much-needed expansion projects. The company currently has 8.4 percent coupon bonds on the market that sell for $799.11, make semiannual payments, and mature in 13 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 11.30% 5.70% 11.10% 11.40% You want to have $41,000 in your savings account 5 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 7.3 percent interest, what amount must you deposit each year?! Multiple Choice $2,993.02 $9,988.48 $2,992.97 57086.97 $820000