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Q2A bond is quoted as 6.5 percent coupon. The par value of the bond is $1,000, and the market value is $1,200. The bondholder would

Q2A bond is quoted as 6.5 percent coupon. The par value of the bond is $1,000, and the market value is $1,200. The bondholder would receive _____ interest per year.

$650

$500

$65

$780

$78

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