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A bond has a par value of $1,000, a current yield of 6.453 percent, annual interest payments, and 8 years to maturity. The bond quote
A bond has a par value of $1,000, a current yield of 6.453 percent, annual interest payments, and 8 years to maturity. The bond quote is $929.76. What is the amount of each coupon payment? a. $30.00 b. $32.27 c. $60.00 d. $62.50 e. $64.53
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