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Two years ago on November 1 s t , Lars purchased a $ 1 0 , 0 0 0 compound Canada Savings Bond. The bond

Two years ago on November 1st, Lars purchased a $10,000 compound Canada Savings Bond. The bond earned 3.25% in the first year and 4% in the second year. What amount of interest income must Lars report on his income tax return for this year?
a) $54
b) $67
c) $325
d) $413
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