Question: How do come up the answer & approach this problem ? Unanswered Correct Answer Question 2 O/ 1 pts Seether Co. wants to issue new

Unanswered Correct Answer Question 2 O/ 1 pts Seether Co. wants to

How do come up the answer & approach this problem ?

issue new 19-year bonds for some much-needed expansion projects. The company currently

Unanswered Correct Answer Question 2 O/ 1 pts Seether Co. wants to issue new 19-year bonds for some much-needed expansion projects. The company currently has 8.0 percent coupon bonds on the market that sell for $789.18, make semiannual payments, and mature in 19 years. What coupon rate should the company set on its new bonds if it wants them to sell at par? O 10.60% 10.30% 5.30% 10.50% 10.90%

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