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Pennysworth Corp Just sold some corporate bonds to pay for a new investment. The current price of the bonds is $925.50 and they have nine

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Pennysworth Corp Just sold some corporate bonds to pay for a new investment. The current price of the bonds is $925.50 and they have nine years to maturity. If the annual market Interest rate is 8.8%, what is the semi-annual coupon payment, the annual coupon rate (APR), and the effective annual rate (EAR) of the coupon payments? Coupon payment $37.92: coupon APR 8.80%, coupon EAR 3.79% Coupon payment $37.92; coupon APR 7.58%, coupon EAR 7.73% Coupon payment 570.19, coupon APR 7.58%, coupon EAR 8,80% Coupon payment 570.19: coupon APR 3.79%, coupon EAR 7.73%

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