Uliana Company wants to issue new

$2$

$0$

$-$

year bonds for some much

$-$

needed expansion projects. The company currently has

$1$

$0$

$$percent coupon bonds on the market that sell for $

$1$

$,$

$1$

$4$

$0$

$,$

$$make semiannual payments, have a par value of $

$1$

$,$

$0$

$0$

$0$

$,$

$$and mature in

$2$

$0$

$$years$.$ What coupon rate should the company set on its new bonds if it wants them to sell at par?