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A $7300 bond bearing interest at 4.7% payable semi-annually is due in 12 years. Money is worth 7.6% compounded semi-annually. What is the size of

A $7300 bond bearing interest at 4.7% payable semi-annually is due in 12 years. Money is worth 7.6% compounded semi-annually.

What is the size of the coupon?

$277.40

$554.80

$343.10

$171.55

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