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Homework: Chapter 5 Save Score: 0 of 1 pt 3 of 20 (2 complete) HW...

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Homework: Chapter 5 Save Score: 0 of 1 pt 3 of 20 (2 complete) HW Score: 5%, 1 of 20 pt 3Question Help 5.1.13 For the given corporate bond, whose annual simple interest rate is provided, find the semiannual simple interest payment and the total interest earned over the life of the bond. Assume 365 days in a year. $12,400 Company A, 10-year bond, 3.032% . The semiannual interest on the corporate bond is $ (Round to the nearest cent as needed.)

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