Halliburton co currently has a bond outstanding with a, Ask an Expert

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Halliburton Co. currently has a bond outstanding with a coupon rate of 9.707%. Par is an integral multiple of $1,000. Coupon payments are twice a year. What is the semi-annual coupon payment on a bond with $1,000 par?

Do not round at intermediate steps in your calculation. Round to three decimal places. Do not type the $ symbol.

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