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For the given corporate bond, whose annual simple interest rate is provided, find the semiannual simple interest payment and the total interest earned over the
For the given corporate bond, whose annual simple interest rate is provided, find the semiannual simple interest payment and the total interest earned over the life of the bond. Assume days in a year.
$ Company Ayear bond,
The semiannual interest on the corporate bond is $
Round to the nearest cent as needed.
The total interest on the corporate bond is $
Round to the nearest cent as needed.
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