Business, 07.10.2019 18:00 brittanyjacob8

Hagelin co. wants to issue new 19-year bonds for some much-needed expansion projects. the company currently has 10 percent coupon bonds on the market that sell for $1,050, make semiannual payments, and mature in 19 years. both bonds have a par value of $1,000. what coupon rate should the company set on its new bonds if it wants them to sell at par? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.

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Hagelin co. wants to issue new 19-year bonds for some much-needed expansion projects. the company cu...

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