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Business, 23.04.2020 23:00 paytonthalacker

Megan invested in 10 bonds with a total face value of $5,000, issued by Zen Corporation. The bonds paid 10% semiannual interest till the maturity date. Which of the following is the value of interest earned in the first installment on a single bond?

A. $50
B. $100
C. $500
D. $250
E. $75

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