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Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 15
Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is 8% and that the coupon payments are to be made semi-annually. How much will each semi-annual coupon payment be? O A. $60 O B. $120 OC. $80 OD. $40
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