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Your company currently has $1,000 par, 3.00% coupon bonds with 20 years to maturity and a price of $800. If you want to issue new

Your company currently has $1,000 par, 3.00% coupon bonds with 20 years to maturity and a price of $800. If you want to issue new 20-year coupon bonds at par, what coupon rate do you need set? Assume that for both bonds the next coupon payment is due in exactly six months Question options: 4.53% 5.13% 2.44% 4.88%

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