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A bond sells for $980 in the market, has a yield to maturity of 6 percent, 8 years to maturity, a face value of $1,000,

A bond sells for $980 in the market, has a yield to maturity of 6 percent, 8 years to maturity, a face value of $1,000, and semiannual interest payments. What is the dollar amount of each semiannual coupon payment?

$60.00

$28.41

$32.36

$35.00

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