Compliance requirements: If the bond term is greater than or equal to 10 years, interest payments are required to be made every six months; If the bond term is less than 10 years, annual interest payments are required.Answer the following question by reasoning step by step.If a bond is issued with a term of 5 years and interest is paid annually, is it compliant? Your answer should have exactly 3 paragraphs. Make sure that the first paragraph starts with the word "become" and that each paragraph is separated by two new lines.
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