Question: the answer shown is wrong. please correct it Your company currently has 5.5% coupon-rate bonds (coupons are paid semi-annually) with ten years to maturity and

the answer shown is wrong. please correct it

Your company currently has 5.5% coupon-rate bonds (coupons are paid semi-annually) with ten years to maturity and a price of $1068. 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 6 months.) You need to set a coupon rate of %. (Round to two decimal places.)

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