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The 9 percent bond of RCB company has a yield to maturity of 7.42 percent. The bond matures in ten years, has a face value

The 9 percent bond of RCB company has a yield to maturity of 7.42 percent. The bond matures in ten years, has a face value of $1,000, and pays monthly coupon payments. What is the amount of each coupon payment?

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