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A bond has a par value of $1,000, a current yield of 6.72 percent, and semiannual coupon payments. The bond is quoted at 98.83. What

A bond has a par value of $1,000, a current yield of 6.72 percent, and semiannual coupon payments. The bond is quoted at 98.83. What is the amount of each coupon payment?

Multiple Choice

$33.60
$67.20
$37.36
$33.21
$66.41

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