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If the price of the bond is $1600, its yield to maturity is 9 percent; it matures in 6 years and has face value $1000.
If the price of the bond is $1600, its yield to maturity is 9 percent; it matures in 6 years and has face value $1000. Compute the coupon payment."
223.75
323.75
307.75
173.75
please be fast
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