Calculate the yearly interest income of each bond on the, Financial Management

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Calculate the yearly interest income of each bond on the

Calculate the yearly interest income of each bond on the basis of its coupn rate and the number of bonds that Mark could buy with his $20,000.

Bond A: Coupon rate 6% annually

Purchased from $20,000 are 25

Bond B: Coupon rate 14% annually

Purchased from $20,000 are 18

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