Questiontwelve months ago you purchased 10-year treasury, Ask an Expert

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Twelve months ago, you purchased 10-year Treasury notes with a face value of $1,000 The interest rate is 4.12 percent. What is the annual dollar amount of interest you will receive each year? (Round your answer to 2 decimal places.)

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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