& Bond Payments. Bernie purchased 20 bonds with par values of $1,000 each. The bonds...
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& Bond Payments. Bernie purchased 20 bonds with par values of $1,000 each. The bonds carry a coupon rate of 6.8% payable semiannually. How much will Bernie receive for his first interest payment? Review Only For his first interest payment, Bernie will receive $ (Round to the nearest cent.)
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