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12 or 16 A 25-year bond with a face value of 1000 and coupons payable quarterly is selling at par. If the effective semi-annual yield

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12 or 16 A 25-year bond with a face value of 1000 and coupons payable quarterly is selling at par. If the effective semi-annual yield on this bond is 6.62% The value of coupon paid every quarter = $ (Note: retain at least four decimals in your calculation.) Unsure

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