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Clear my choice Grayson Company purchased $400,000 face value bonds at 99. Accrued interest for three months was $6,000, and brokerage fees were $4,000. The

Clear my choice Grayson Company purchased $400,000 face value bonds at 99. Accrued interest for three months was $6,000, and brokerage fees were $4,000. The cost of this long- term investment in bond...

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