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11. Klee Inc. issues a 30 year, $1,000 semiannual par bond with a coupon rate of 10.5%. What is the total interest that Klee Inc.

11. Klee Inc. issues a 30 year, $1,000 semiannual par bond with a coupon rate of 10.5%. What is the total interest that Klee Inc. expects to pay over the lifetime of the loan?

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