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A $4900, 8.9% bond with semi-annual coupons redeemable at par in 9 years was purchased at 95.7. What is the average income per interest payment

A $4900, 8.9% bond with semi-annual coupons redeemable at par in 9 years was purchased at 95.7. What is the average income per interest payment interval?

a. $229.76 b. $206.34 c. $210.70 d. $223.90

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