Question: A 3% coupon bond with $100 face value has a yield to maturity of 4%, and will mature in 5 years. What is the semiannual

A 3% coupon bond with $100 face value has a yield

A 3% coupon bond with $100 face value has a yield to maturity of 4%, and will mature in 5 years. What is the semiannual coupon payment for this bond? $2.00 $4.00 $5.00 $1.50 $3.00

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