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What is the amount of each coupon payment

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Reference no: EM132517892

Question 1: The 6.82 percent bond of ABCO has a yield to maturity of 6.50 percent. The bond matures in seven years, has a face value of $1,000, and pays semiannual interest payments. What is the amount of each coupon payment?

Reference no: EM132517892

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