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Use the following bond quotation: Attempt 1/10 for 10 pts. If the bond has a face value of $1,000, how much interest does it pay

Use the following bond quotation: Attempt 1/10 for 10 pts. If the bond has a face value of $1,000, how much interest does it pay per year (in \$)? Correct The coupon rate is expressed in percent of the face value. Annual coupon = Coupon rate Face value =4.875%1,000=48.75 Part 2 Attempt 2/10 for 10 pts. What is the bond's current yield

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