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9. What is the amount of the annual coupon payment for a bond that has 5 years until maturity, sells for $1,045, and has a

9. What is the amount of the annual coupon payment for a bond that has 5 years until maturity, sells for $1,045, and has a yield to maturity of 9.36%?

A. $100.00 B. $93.60 C. $104.50 D. $105.28

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