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Your firm issued floating - rate notes indexed to six - month SOFR plus 1 2 % . What is the amount of the next

Your firm issued floating-rate notes indexed to six-month SOFR plus 12%. What is the amount of the next semi-annual coupon payment per U.S. $1,000 of face value if six-month SOFR is currently 4.25 percent.
$23.75
$43.75
$46.875
$47.50
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