Chamberlain Co. wants to issue new 16-year bonds for some much-needed expansion projects. The company currently has 11.6 percent coupon bonds on the market that sell for $1,278.83, 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

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.