Mod Industries has $11\%$ coupon bonds on the market that are selling at $$1,055,$ pay interest semi$-$annually, and mature in ten years. The company would like to issue $$1\mathrm{.}5$ million in new $25-$year bonds. What coupon rate should be applied to the new bonds if Mod Industries wants to sell them at par?

Multiple Choice

$9\mathrm{.}88\%$

$10\mathrm{.}55\%$

$10\mathrm{.}11\%$

$10\mathrm{.}25\%$

$11\mathrm{.}00\%$