Chamberlain Co. wants to issue new 19-year bonds for some much-needed expansion projects. The company currently has 9.6 percent coupon bonds on the market that sell for $861.31, make semiannual payments, and mature in 19 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% 11.70% 11.10% 71.40% 5.70