To fund an expansion, Chiu Corp.. wants to issue new 13-year bonds. The company currently has 12.0 percent coupon bonds on the market that sell for $1,422.26, make semiannual payments, a par value of $1,000, and mature in 13 years. What coupon rate should the company set on its new bonds if it wants them sell at par? Multiple Choice 6.90% 7.30% O O 6.70% O 7.00% 3.50% Metalle Fabricators have A 15-year, semiannual coupon bond that sells for $985.72. The bond has a par value of $1,000 and a yield to maturity of 6.57 percent. You are required to compute the bond's coupon rate? Multiple Choice 4,81% O O 5.78% O 6.10% O 6.42% 3.21% Lansing Corp. will pay a dividend of $6.95, $11.05, and $14.25 per share for each of the next 3 years, respectively. Lansing will then closedown. Investors require a return of 10.8% on the company's stock. Compute Lansing's stock price? Multiple Choice $32.35 O $25.75 O $37.68 O $28.50 O $30.69