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Suppose10-year AAA bonds are currently issued at par to yield 5.5%. Your company wishes to issue new 10-year bonds but would like to sell them

Suppose10-year AAA bonds are currently issued at par to yield 5.5%. Your company wishes to issue new 10-year bonds but would like to sell them at 2.5 percent below par. These bonds are also rated AAA and they pay coupons semi-annually. What ANNUAL COUPON RATE would your company have to pay in order to sell the bonds at this lower price?

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