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Suppose UF needs $125 million for a stadium renovation project. They can offer an 8% coupon rate on a 20-year bond. They would have to

Suppose UF needs $125 million for a stadium renovation project. They can offer an 8% coupon rate on a 20-year bond. They would have to pay __________ yearly and __________ in total across all years in order to retire the bond.

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