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An investor purchases an 8-year 5% coupon bond that pays coupons semiannually and has a par value of $100. The bond is currently priced at

An investor purchases an 8-year 5% coupon bond that pays coupons semiannually

and has a par value of $100. The bond is currently priced at $93.7194, representing a

yield to maturity of 6%. The investor plans to hold the bond until maturity. In order to

actually realize the bonds yield to maturity of 6%, how much coupon reinvestment

income (in dollars) must be generated over the life of the bond?

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