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Your company curronsy has $1,000 par, 6.75% coupon bonds with 10 yearo to maturity and a price of $1,060. Hy you want to issue new

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Your company curronsy has $1,000 par, 6.75\% coupon bonds with 10 yearo to maturity and a price of $1,060. Hy you want to issue new 10 -year coupon bonde si pir, what coupon rats de you rend to set? Assume that for both bonds, the next coupon payment is due in exactly six manths You nood to sot a coupan rate of \%. (Round to two docimal plooes.)

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