Question: please respond ASAP 1. Millenium Pink's 7.5% bonds were issued ten years ago, and they mature in exactly 10 years. They are currently trading on

please respond ASAP

1. Millenium Pink's 7.5% bonds were issued ten years ago, and they mature in exactly 10 years. They are currently trading on the market and selling for $1,013.03. These bonds pay annual coupons. Millenium Pink plans to now issue new (annual coupon) bonds with a maturity of 10 years. In order for the new bonds to sell at par when issued, what coupon rate would these bonds have to carry

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