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A Company purchased $50,000, 8%, 4-year bonds on January 1, 2022. The bonds pay interest semi-annually. The market interest rate is 10%. On January 1,

A Company purchased $50,000, 8%, 4-year bonds on January 1, 2022. The bonds pay interest semi-annually. The market interest rate is 10%. On January 1, 2022, the Company would DR. Investments at Amortized Cost for? Round your final answer to the nearest dollar. Do not round intermediary answers. Round your final answer to the nearest $.

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