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Eagles Auto invested in bonds of ABC., which it intends to hold until maturity 1/1/22. These 5-year bonds were dated 1/1/17, had a face value
Eagles Auto invested in bonds of ABC., which it intends to hold until maturity 1/1/22. These 5-year bonds were dated 1/1/17, had a face value of $75,0(10, and pay 4% interest annually on 12/31. Eagles purchased these bonds when the market rate of interest was 3%. Complete the entire amortization table for this investment and record all entries for the life of the investment
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