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A ten-year bond with a face value of $1000 has a yield to maturity of 5.75% and pays interest semi-annually. If the coupon rate is

A ten-year bond with a face value of $1000 has a yield to maturity of 5.75% and pays interest semi-annually. If the coupon rate is 6%, what is the per period amount of interest bondholders will receive?

Select one:

a. $57.50

b. $60

c. $28.75

d. $30

e. None of the above.

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