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A bond with a par value of $30,000 is priced at 108.40 of par and has 10 years remaining until maturity. The bond has an

A bond with a par value of $30,000 is priced at 108.40 of par and has 10 years remaining until maturity. The bond has an 8% coupon rate, paid semi-annually. What is the amount of the next interest payment?

A. $1,200.00

B. $2,400.00

C. $4,000.00

D. $8,000.00

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