Chamberlain Company wants to issue new 20 -year bonds for some much-needed expansion projects. The company currently has 11.0 percent coupon bonds on the market that sell for $1,104.38, make semiannual payments, and mature in 20 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 10.10% 4.90% 9.80% 9.50%