Question 15 1 Seether Co. wants to issue new 19-year bonds for some much-needed expansion projects. The company currently ha 9.8 percent coupon bonds on the market that sell for $950.71, make semiannual payments, and mature in 19 years. What coupon rate should the company set on its new bonds if it wants them to sell at par? (Always assume that the par value is $1,000 if it is not suggested in the question.) 10.70% 10.41% 5.40% 9.85% 5.20%