Uliana Company wants to issue new 20-year bonds for some much-needed expansion projects. The company...
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Uliana Company wants to issue new year bonds for some muchneeded expansion projects. The company currently has percent coupon bonds on the market that sell for $ make semiannual payments, have a par value of $ and mature in years. What coupon rate should the company set on its new bonds if it wants them to sell at par?
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