Use the following information to answer this question and the next question. 1. The Bozo Company has an 8% coupon bond outstanding. The bond makes semiannual coupon payments and has 12 years remaining to maturity. Its market price is $846.64. It is issuing a new 20-year bond to finance a factory to make new Bozos. The new bond will make annual coupon payments. What is the yield to maturity of the Bozo Companys existing bonds? 10.00% 10.51% 10.25% 9.52% 2. What coupon rate should be set for the new bonds of the Bozo Company for these bonds to sell at par? 10.25% 10.51% 10.00% 9.52%