Question: Question 2520 Question 25 5 points Save As DEF Corpus issued a $1.000 par value, 10-year bond at a coupon rate of 14.29% to be

 Question 2520 Question 25 5 points Save As DEF Corpus issued

Question 2520 Question 25 5 points Save As DEF Corpus issued a $1.000 par value, 10-year bond at a coupon rate of 14.29% to be paid semi-annually. The yield to maturities on similar bonds are 738%, compounded semi- annually What is the semi-annual interest payment to this 10-year bond? Please round your answer to the second decimal without dollar sign. E... 12.34

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