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Megan invested in 1 0 bonds with a total face value of $ 5 , 0 0 0 , issued by Zen Corporation. The bonds
Megan invested in bonds with a total face value of $ issued by Zen Corporation. The bonds paid semiannual interest till the maturity date. Which of the following is the value of interest earned in the first installment on a single bond?
Hint:
Semiannual rate
A single bond
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