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Question(s) / Instruction(s):

A company issues at par 9% bonds iwth a par value of $100,000 on Apirl 1, which is 4 months after the most recent interest date.  How much total cash interest is received on April 1 by the bond issuer?
a)    $750
b)    $5250
c)    $1500
d)    $3000
e)    $6000

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