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Apple issues a 30-year, $1,000 face value, bond that carries a 6.75% annual coupon rate. The bond pays out coupon interest semiannually. Find the total

Apple issues a 30-year, $1,000 face value, bond that carries a 6.75% annual coupon rate. The bond pays out coupon interest semiannually. Find the total interest that Apple expects to pay over the lifetime of the bond.

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