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Your company currently has$ 1 comma 000$1,000?par,5.25 %5.25%coupon bonds with 10 years to maturity and a price of$ 1 comma 075$1,075.If you want to issue new? 10-year coupon bonds at? par, whatcoupon rate do you need to? set? Assume that for both? bonds, thenext coupon payment is due in exactly six months.You need to set a coupon rate ofnothing?%.?(Round to two decimal? places.)
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