Assuming that the notes pay interest annually and mature on

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The following information was disclosed in the Debt footnote to the financial statements of Cal-Tex Company for the year ended December 31, 2012:

Debt. The following table summarizes the long-term debt of the Company at December 31, 2012. All of the notes were issued at their face (maturity) value.

7.25% notes due 2013

$201,335,000

7.75% notes due 2020

$345,154,000

8% notes due 2030

$225,000,000

7.65% notes due 2038

$200,000,000

6.50% notes due 2014

$ 25,000,000

Required:

Assuming that the notes pay interest annually and mature on December 31 of the respective years, compute the total interest payments in 2013 for these notes.

Reference no: EM13572885

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