Alpha company purchases a $1000, 5%, 5 year bonds at 97 and was held to maturity. The straight line method of amortization is used for both premiums & discounts.
Alpha company purchases a $1000, 5%, 5 year bonds at 97 and was held to maturity. The straight line method of
amortization is used for both premiums & discounts. What is the net cash received over the life of the bond investment?
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