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Steven owns 12 18-year corporate bonds, each with a face value of $1000. If the bonds pay an interest rate of 7.8%, how much total

Steven owns 12 18-year corporate bonds, each with a face value of $1000. If the bonds pay an interest rate of 7.8%, how much total interest will Steven earn before taxes in one year on this investment? $78 $83 O $468 $936

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