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A company purchased bonds on July 2021. for 5193,404 This price represents a market rate of 9% on bonds that have a face amount of

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A company purchased bonds on July 2021. for 5193,404 This price represents a market rate of 9% on bonds that have a face amount of 5200,000, have a stated me of 8% pay semiannual interest and mature in 4 years. As of December 31, 2021 the fore value of the bonds has increased to $95.000. Assuming the investment is classified as hed-to-maturity securities, what amount would the company report for its investment in bonds on December 31, 2017 Mun Choice O $19.404 5195.703 $704101 $195.000 One of the primary reasons for investing in debt securities includes: Multiple Choice Receiving dividend payments Acquiring significant influence Earning interest revenue Deducting interest payments for tax purposes

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