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please choose one of the given options, thank you Chamberlain Company wants to issue new 14 -year bonds for some much-needed expansion projects. The company

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Chamberlain Company wants to issue new 14 -year bonds for some much-needed expansion projects. The company currently has 9.0 percent coupon bonds on the market that sell for $897.94, make semiannual payments, and mature in 14 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 10.40% 10.30% 5.20% 10.10% 10.70%

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