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A $8200 bond bearing interest at 4.7% payable semi-annually is due in 7 years. Money is worth 7.9% compounded semi-annually. What is the size of
A $8200 bond bearing interest at 4.7% payable semi-annually is due in 7 years. Money is worth 7.9% compounded semi-annually. What is the size of the coupon? a. $323.90 b. $192.70 c. $647.80 d. $385.40
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