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Electric Heaters Inc. has an outstanding semi-annual bond issue with 8 years until maturity. The bond has a par value of $1,000, a yield to

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Electric Heaters Inc. has an outstanding semi-annual bond issue with 8 years until maturity. The bond has a par value of $1,000, a yield to maturity of 10.45%, and a current price of $1,189.33. What is the annual coupon payment on this bond? $70,00 $129.35 $140.00 $258.70

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