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What is the annual interest expense on these bonds

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Reference no: EM132918434

Question - A company has long term debt that includes bonds with a coupon rate of 1.65% due 2021. If these bonds were issued in 2011 (a maturity of 10 years) and the coupons are paid out semi-annual, what is the annual interest expense on these bonds in 2020?

Reference no: EM132918434

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