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Question 3 ( 1 point ) A bond has a face value or par value of $ 1 0 0 0 and will mature at

Question 3(1 point)
A bond has a face value or par value of $1000 and will mature at par in 10 years. The coupon rate is 10% compounded semi-annually. The yield rate is 8% compounded semi-annually. Find the excess of the semi-annual coupon payment over the required semi-annual yield.
a $10
b $100
c $20
d $80
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