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2. Classens Corporation issued 13-year bonds 2 years ago, a YTM of 10 percent, and a current price of $1,125. The bond make semiannual

2. Classens Corporation issued 13-year bonds 2 years ago, a YTM of 10 percent, and a current price of $1,125. The bond make semiannual payments. What must the coupon payment and coupon rate be on these bonds? (7 POINTS)

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