Collapse of state power in a number of countries
What are some of the major factors that have led to the collapse of state power in a number of countries and the rise of revolutions?
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New York Waste (NYW) is considering refunding a $50,000,000, annual payment, 14 percent coupon, 30-year bond issue that was issued five years ago. It has been amortizing $3 million of flotation costs on these bonds over their 30-year life.
What is the amount of interest Herman must pay the bondholders in 2011?
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