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A bond has a par value of $1,000, a current yield of 7.17 percent, and semiannual coupon payments. The bond is quoted at 104.68. What

A bond has a par value of $1,000, a current yield of 7.17 percent, and semiannual coupon payments. The bond is quoted at 104.68. What is the amount of each coupon payment?

$37.53
$71.70
$35.85
$42.22
$75.06

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