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You own a 10.06 percent coupon bond with a maturity value of $8,336. How much will you receive every six months as an interest payment?

You own a 10.06 percent coupon bond with a maturity value of $8,336. How much will you receive every six months as an interest payment?

Answer should be formatted as a number with 2 decimal places (e.g. 99.99).

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