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A 8 percent bond has a yield to maturity of 6.75 percent, 10 years to maturity, a face value of $1,000, and semiannual interest payments.

A 8 percent bond has a yield to maturity of 6.75 percent, 10 years to maturity, a face value of $1,000, and semiannual interest payments. What is the amount of each coupon payment

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