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Business, 20.11.2020 16:40 swello1937

The 7.2 percent bond of Blackford, Inc. has a yield to maturity of 7.3 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? A. $30.00 B. $36.00 C. $72.00 D. $34.10

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