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A $1,000 bond pays semi-annual coupons and matures at par in 10 years. It has a selling price of $796.15 and the yield rate is
A $1,000 bond pays semi-annual coupons and matures at par in 10 years. It has a selling price of $796.15 and the yield rate is i(2) = 8%/a. The write-up in the book value in the last period is $14.42. What is the coupon paid each period?
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