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Assume that you purchased a corporate bond with face value $1,000. The interest rate is 5 percent. What is the dollar amount of annual interest you will receive each year?
Weegy: $50 is the dollar amount of annual interest you will receive each year if you purchased a corporate bond with face value $1,000 and the interest rate is 5 percent. (More)
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Asked 6/17/2012 9:33:41 PM
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