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Han Corporation issues a bond which has a coupon rate of 7.2%, a yield to maturity of 9.3%, a face value of $1,000, and a

Han Corporation issues a bond which has a coupon rate of 7.2%, a yield to maturity of 9.3%, a face value of $1,000, and a market price of $990. What is the semiannual interest payment? Round to two decimal places.

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