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If a company sells a 5-year bond with a face value of $100.000 and a stated rate of 8% that pays interest annually for $112,000,

If a company sells a 5-year bond with a face value of $100.000 and a stated rate of 8% that pays interest annually for $112,000, what is the annual interest payment? $8,000 $20.000 $8,960 $22,400

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