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Can someone please help me with this? Bernie purchased 12 bonds with par values of $1,000 each. The bonds carry a coupon rate of 10.5%

Can someone please help me with this?

Bernie purchased 12 bonds with par values of $1,000 each. The bonds carry a coupon rate of 10.5% payable semiannually. How much money will Bernie receive for his first interest payment from these bonds?

For his first interest payment, Bernie will receive $_____ (Round to the nearest cent.)

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