On January 1, 2017, Bravo Company purchased a bond investment. the bonds have a par of $10000 pay interest at 5% annual rate and have a 5 years until maturity.
On January 1, 2017, Bravo Company purchased a bond investment. the bonds have a par of $10000 pay interest at 5%
annual rate and have a 5 years until maturity. What is the total Interest Income that will be reported over the life of bond investment if the bonds were purchased at 95 and Ryan uses the straight line amortization method?
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