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QUESTION 4 What is the coupon payment of a 2 8 - year $ 1 , 0 0 0 bond with a 5 . 6

QUESTION 4
What is the coupon payment of a 28-year $1,000 bond with a 5.63% coupon rate APR with quarterly payments?
NOTE: Submit your answers with 4 decimals after the dot.
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