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A bond has a par value of $1,000, a current yield of 7.05 percent, and semiannual coupon payments. The bond is quoted at 103.12. What

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A bond has a par value of $1,000, a current yield of 7.05 percent, and semiannual coupon payments. The bond is quoted at 103.12. What is the amount of each coupon payment? Multiple Choice $35.25 $36.35 $72.70 $40.89 Prev 1 of 50 Next >

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