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Suppose a company is issued a bond with a face value of $ 1 0 , 0 0 0 , a stated interest rate of

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Suppose a company is issued a bond with a face value of $10,000, a stated interest rate of 8%, and semiannual interest payments. The amount of each semiannual interest payment will be
a. $800
b. $400
c. $1,600
d. $1,200
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