Chamberlain Co. wants to issue new 18-year bonds for some much-needed expansion projects. The company currently has 10.8 percent coupon bonds on the market that sell for $1,466.29, 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? Assume a par value of $1,000. Multiple Choice 6.30% 3.20% 6.40% a o 6.10% 6.70% C