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Assume that three years ago you purchased a corporate bond that pays 6.1 percent. The bond had a face value of $1,000. Today, the price

Assume that three years ago you purchased a corporate bond that pays 6.1 percent. The bond had a face value of $1,000. Today, the price of the bond is $992. What is the annual dollar amount of interest that you receive from your bond investment?

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