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Question 8 1 pts PQR Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 7.8 percent coupon bonds

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Question 8 1 pts PQR Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 7.8 percent coupon bonds on the market that sell for $1,125, make semiannual payments, and mature in 20 years. What coupon rate should the company set on its new bonds if it wants them to sell at par? 6.66 0 3.33 7.80 Question 9 1 pts One year ago, XYZ Co. issued 13-year bonds at par. The bonds have a coupon rate of 5.69 percent, paid semiannually, and a face value of $1,000. Today, the market yield on these bonds is 7.29 percent. What is the percentage change in the bond price over the past year? Answer to two decimals

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