Your compary currently has 5.25% coupon-rate bonds (coupons are paid semi-annualy) with sen years to maturity and a price of $1080. If you want to issue new 10 -year coupon bonds at par, wh coupon rate do you need to set? (Assume that for both bonds, the next coupon payment is due in exactly 6 months.) You need to set a coupon rale of K. (Round to two decimal places.)