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A bond has a face value of $1,000 and a coupon rate of 3.25%. What is your annual interest payment if you own 12 of

A bond has a face value of $1,000 and a coupon rate of 3.25%. What is your annual interest payment if you own 12 of these bonds? 1,$32.5 O 2 $325 3. $1,200 O 4. $390

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