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You are willing to pay $1073 for Pikes Inc. semi-annual bond which has a par value of $1,000, 23 years left until maturity, and a
You are willing to pay $1073 for Pikes Inc. semi-annual bond which has a par value of $1,000, 23 years left until maturity, and a current yield to maturity of 6.4%. What is the bonds semi-annual coupon payment?
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