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Tarea purchased 55 municipal bonds with a par value of $100 each and a coupon rate of 5.5% with a maturation date of 2023. The
Tarea purchased 55 municipal bonds with a par value of $100 each and a coupon rate of 5.5% with a maturation date of 2023. The municipal bond coupons payout semi annually, what interest payment should Tarea expect to recieve every 6 months for the next 15 years?
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