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A company purchased $ 2 0 0 , 0 0 0 in bonds on July 1 , 2 0 2 4 , for $ 2
A company purchased $ in bonds on July for $ The bonds have a stated rate of pay semiannual interest, and mature in years. As of December the fair value of the bonds has increased to $ Assuming the investment is classified as trading securities what amount would the company report for its investment in bonds on December
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