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Brookhaven will reports 16000 of interest revenue during 2018 on this bond investment. Enter any number in the edit fields and then click Check Answer

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Brookhaven will reports 16000 of interest revenue during 2018 on this bond investment. Enter any number in the edit fields and then click Check Answer All parts showing Brookhaven & Co. owns vast amounts of corporate bonds. Suppose Brookhaven buys $800,000 of CoteCorp bonds at face value on January 2, 2018. The CoteCorp bonds pay interest at the annual rate of 4% on June 30 and December 31 and mature on December 31, 2027 Brookhaven intends to hold the investment until maturity

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