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11) Firm ZYX paid $94,111 on 1/1/y1 to purchase a bond with the following terms: - Par value $100,000 - Stated Interest 10% - Market

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11) Firm ZYX paid $94,111 on 1/1/y1 to purchase a bond with the following terms: - Par value $100,000 - Stated Interest 10% - Market Interest - 11% - Payments - Annually - Maturity - 1/1/y 11 Required: What will be the balance in the bond discount account at the end of vear 2 if the bond is classified as a Held to Maturity investment? (round to nearest dollar)

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