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the following table lists several corporate bonds issued during the second quarter of 2015. If you spent $50,000 on bank of america bonds, how much

the following table lists several corporate bonds issued during the second quarter of 2015.
If you spent $50,000 on bank of america bonds, how much i terest would you earn every 6 months?
$______
how much interest would tou earn over the life of the bonds?
$______
image text in transcribed
The following table lists several corporate bonds issued during the second quarter of 2015, Company ATAT Bank of America General Electric Goldman Sachs Verizon Wells Fargo Time to Maturity (years) 10 10 2 3 8 7 Annual Rate(%) 3.40 4.00 5.25 6.15 5.15 3.50 If you spent $50,000 on Bank of America bonds, how much interest would you earn every 6 months? HINT (See Example 3.) s How much interest would you earn over the life of the bonds? $ Need Help? Read It Master

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