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Twelve months ago, you purchased 10-year Treasury notes with a face value of $1,000.

The interest rate is 3.82 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.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92870373

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