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Intro Boeing has a bond outstanding with 15 years to maturity, a $1,000 par value, a coupon rate of 7%, with coupons paid semiannually, and

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Intro Boeing has a bond outstanding with 15 years to maturity, a $1,000 par value, a coupon rate of 7%, with coupons paid semiannually, and a price of 118.59 (percent of par). Part 1 BAttempt 1/6 for 5 pts. If the company wants to issue a new bond with the same maturity at par, what coupon rate should it choose? 4+ decimals Submit

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