Coccia co. wants to issue new 16-year bonds for some much-needed expansion projects. the company currently has 8 percent coupon bonds on the market that sell for $1,065, make semiannual payments, and mature in 16 years. what coupon rate should the company set on its new bonds if it wants them to sell at par?

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the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.

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