Question: .mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmgh... 1 x aluing Bonds Assignment Saved Help Save C General Matter's outstanding bond issue has a coupon rate of 10.8%, and it sells at

.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmgh... 1 x aluing Bonds Assignment Saved Help Save C General Matter's outstanding bond issue has a coupon rate of 10.8%, and it sells at a yield to maturity of 8.75%. The firm wishes to issue additional bonds to the public. What coupon rate must the new bonds offer in order to sell at face value? (Enter your answer as a percent rounded to 2 decimal places.) Coupon rate

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