Question: 28) [4] CHEMEX, Inc. issues a 10 -year note that will pay $1,500 at maturity, and no annual payments (Note A). It also issues an

28) [4] CHEMEX, Inc. issues a 10 -year note that will pay $1,500 at maturity, and no annual payments (Note A). It also issues an 8-year Note B that has the same credit rating and will pay $800 at maturity, plus an annual payment at the beginning of each year. If both A and B sell for $480, what will the amount of the payment be on Note B

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