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Desmond Corp. purzhased ten $1,0005% bonds of Galvan Corporston when the market rate of interest wos 8%. Interest is poid samiarnual), and the bonds wil

Desmond Corp. purzhased ten $1,0005% bonds of Galvan Corporston when the market rate of interest wos 8%. Interest is poid samiarnual), and the bonds wil mature in ten yeark. Pound your antwe to the noarest ceot) Desmond paid on the bond invesenent

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