--------------- I do not want a detailed answer. I just want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir

Al Safa Inc. plans to issue new bonds to finance its new project. Al-Safa has identified a company of similar risk with an outstanding bond issue that has an 8 percent coupon rate paid semiannually having a maturity of ten years. This firm's bonds are currently selling for $1.091.96. If interest is paid annually for both bonds, what must the coupon rate of the new bonds be in order for the issue to sell at pare Choose