What coupon rate do you need to? set

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Reference no: EM131911085

Your company currently has $1,000 ?par, 6.25% coupon bonds with 10 years to maturity and a price of $1,089. If you want to issue new? 10-year coupon bonds at? par, what coupon rate do you need to? set? Assume that for both? bonds, the next coupon payment is due in exactly six months.

Reference no: EM131911085

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