Question: 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

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.

$4300

Company Upper ACompany A,

30-year bond,

5.865%

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