What is the amount of interest to be paid

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Company Alpha just issued $13 billion worth of bonds. These are 18-year bonds carrying a coupon rate of interest of 5.8%. Interest is payable every 6 months.

What is the amount of interest (in dollars) to be paid on these bonds every 6 months?

The current price of these bonds is $785.82. What yield-to-maturity is the market requiring on these bonds?

Reference no: EM132675793

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