BDJ Co: Calculate coupon rate for new bonds to sell at par

BDJ Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 9 percent coupon bonds on the market that sell for $1135, make semiannual payments, and mature in 20 years. What coupon rate should the company set on its new bonds if it wants them to sell at par?

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...ill the selling price and face value be equal (in this instance $1000).

So, we need to calculate the YTM on the existing 20 year ...