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You hold a bond with a coupon rate of 8%, face value of $1,000, and the coupon is paid semiannually. How much interest would you

You hold a bond with a coupon rate of 8%, face value of $1,000, and the coupon is paid semiannually. How much interest would you get every six months?

A.

$40
B.

$80
C.

Not enough information

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