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The Sisyphean Company has a bond outstanding with a face value of $ 1 comma 000$1,000 that reaches maturity in 99 years. The bond certificate

The Sisyphean Company has a bond outstanding with a face value of

$ 1 comma 000$1,000

that reaches maturity in

years. The bond certificate indicates that the stated coupon rate for this bond is

8.88.8%

and that the coupon payments are to be made semiannually.

How much will each semiannual coupon payment be?

$ 44.00$44.00

$ 88.00$88.00

$ 132.00$132.00

$ 176.00

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