Chapter 6 Question 22 Bond Yields Chamberlain Co. wants to issue new 20-year bonds for some much-needed expansion projects. The compan 7 percent coupon bonds on the market that sell for $1,087, 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? Input area: Yield to maturity Complete the following analysis. Leave the "Basis" input blank in the function. You Output area: must use YIELD fx to answer this question for credit consideration