Question: A 1 5 , 0 0 0 par value 1 2 year bond with 6 % annual coupons is bought at discount to yield 7

A 15,000 par value 12 year bond with 6% annual coupons is bought at discount to yield 7.5% annual effective rate. What is the interest portion of the 7th coupon?
a.1001
b.1012
c.1046
d.1166
e.1175
A 1 5 , 0 0 0 par value 1 2 year bond with 6 %

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