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A bond has a par value of $1,000, a current yield of 6.93 percent, and semiannual coupon payments. The bond is quoted at 101.56. What

A bond has a par value of $1,000, a current yield of 6.93 percent, and semiannual coupon payments. The bond is quoted at 101.56. What is the amount of each coupon payment? Multiple Choice 539.59 S7038

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