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Company A issued a bond with par value of $1,000, with a coupon interest rate of 7% that is paid semi-annually. The bond wil mature

"Company A issued a bond with par value of $1,000, with a coupon interest rate of 7% that is paid semi-annually. The bond wil mature in 25 years and the required return is 8%. What is the semi-annual coupon payment?" $35 $70 $80 $40

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