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A $1500,8.1% bond with semi-annual coupons redeemable at par in 10 years was purchased at 97.7. What is the average income per interest payment interval?

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A $1500,8.1% bond with semi-annual coupons redeemable at par in 10 years was purchased at 97.7. What is the average income per interest payment interval? a. $62.48 b. $59.02 c. $61.61 d. $34.50

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