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For the given bond, whose interest rate is provided, find the semiannual interest payment and the total interest earned over the life of the bond.
For the given bond, whose interest rate is provided, find the semiannual interest payment and the total interest earned over the life of the bond. $80,000 FI National Corporation 11-year bond at 4.5%
a. $3600.00; $39,600.00 b. $160.00; $35,200.00 c. $180,000.00; $3,960,000.00 d. $1800.00; $39,600.00
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