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Question 2 5 5 p Blackburn Inc. has issued 2 0 - year $ 1 , 0 0 0 face value, 1 1 % annual

Question 25
5p
Blackburn Inc. has issued 20-year $1,000 face value, 11% annual coupon bonds with a yield to maturity of 6.2%. What is the annual interest payment for the bond?
$215
$138
$269
$110
$172
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