Three years ago you purchased a corporate bond that pays, Financial Management

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Three years ago you purchased a corporate bond that pays

Three years ago you purchased a corporate bond that pays 6.40 percent annual interest. The face value of the bond is $25,000. What is the total dollar amount of interest that you received from your bond investment over the three-year period? (Do not round intermediate calculations.)

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Financial Management: Three years ago you purchased a corporate bond that pays

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