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Posted: **Mon Jan 17, 2022 8:08 am**

: Question 16 A Bond Has A Par Value Of 1 000 And A Coupon Rate Of 6 5 What Is The Dollar Amount Of Each Semiannual Int 1 (12.62 KiB) Viewed 59 times

QUESTION 16 A bond has a par value of $1,000 and a coupon rate of 6.5%. What is the dollar amount of each semiannual interest payment it you own 8 of these bonds? 1. $260 2. $420 3. $32.5 4. $320