Alpha company purchased a $1,000 6%, 6 year bonds at 97 and was held to maturity. The straight line method of amortization is used for borsht premiums and discounts.
Alpha company purchased a $1,000 6%, 6 year bonds at 97 and was held to maturity. The straight line method of
amortization is used for borsht premiums and discounts. What is the net cash received over the life of the bond investment? Please show work/method used.
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