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8. A 1000 face value 12-year bond with 6% annual coupons yields an annual effective rate of 4%. Calculate the interest portion of the 5th

8. A 1000 face value 12-year bond with 6% annual coupons yields an annual effective rate of 4%. Calculate the interest portion of the 5th coupon. (A) 41 (B) 43 (C) 45 (D) 47 (E) 49

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