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Use the following information to answer the next three questions. On April 1st of the current fiscal year, a publicly-traded company issued 2,000 bonds for

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Use the following information to answer the next three questions. On April 1st of the current fiscal year, a publicly-traded company issued 2,000 bonds for $10,000 each for a total of $20,000,000 and they received a total of $19,200,000. The annual stated rate for the bonds is 4% and interest is paid semi-annually on September 30th and March 31st. The bonds mature 10 years from the issue date. The company uses the straight-line method of amortization and their fiscal year ends on December 31st. An investor purchased a $10,000 bond on the issue date and the investor still owned the bond on December 31st, the end of the current fiscal year. How much cash did the investor receive in interest from this investment in the current fiscal year

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