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UMASS FINACE5010 HW4, Q-4 What coupon rate should be set for the new bonds of the Bozo Company for these bonds to sell at par?

UMASS FINACE5010 HW4, Q-4

What coupon rate should be set for the new bonds of the Bozo Company for these bonds to sell at par?

How do I reach selected 10.50? I appreciate if you could demonstrate calculation.

Best,

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