Question: A fixed coupon bond with a $1,000 face value and 20 years to maturity is currently trading at $919.18 with a yield to maturity of

A fixed coupon bond with a $1,000 face value and 20 years to maturity is currently trading at $919.18 with a yield to maturity of 4.10%. Based on these metrics, what is the annual coupon payment for this bond?

$35.00

$36.44

$41.00

$38.08

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