Seether Co. wants to issue new 17-year bonds for some much-needed expansion projects. The company currently has 8.0 percent coupon bonds on the market that sell for $1,098.50, make semiannual payments, and mature in 17 years. What coupon rate should the company set on its new bonds if it wants them to sell at par?

this is what i did but i am not sure where i am going wrong :

8.0*1000=8000/2=4000=PMT

17*2=34

$1,098.50 +/- =PV

FV=1000

i/y=?

I like to know if this a right way i am doing because for some reason i am not getting a right answer