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How much interest income would the investor have

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Question - On June 1, 2019 an investor purchased a bond with face value of $50,000, 5% interest, annual compounding and all principal and interest repayable on October 31, 2022. How much interest income would the investor have to include in 2021?

A. $0

B. $2,625

C. $3,706

E. $2,500

F. None of the above

Reference no: EM133166811

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