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PR corporation just issued $1000 par 20 year bonds. The bond sold for $936 and pay interest semi annually. Investors require a rate of 7.00%

PR corporation just issued $1000 par 20 year bonds. The bond sold for $936 and pay interest semi annually. Investors require a rate of 7.00% on the bonds. What is the amount of the semi annual interest payment on the bonds

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