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7 TB MC Qu. 11-140 Assume that you purchase o... Assume that you purchase a $5,500 bond issued by Kohls that pays 6 percent interest

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7 TB MC Qu. 11-140 Assume that you purchase o... Assume that you purchase a $5,500 bond issued by Kohls that pays 6 percent interest each year, and every 6 months. What is the amount of each interest payment? (Round your answer to 2 decimal places.) 15 boints Ot15:26 Mumple Choice Book References $165.00 $380.00 $5,500.00 ! Na

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