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please help me solve this using the financial calculator. the 6.5 percent bond of ABCO has...

please help me solve this using the financial calculator. the 6.5 percent bond of ABCO has a yield to maturity of 6.82 percent. The bond matures in seven years, has a face value of 1,000 and pays semi annual interest payments. what is the amount of each coupon payment?

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Answer #1

Coupon rate= 6.50%/2= 3.25% per semi-annual period

Face value= $1,000

The coupon payment each semi-annual period= 0.0325*1,000= $32.50

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