Flounder Corp. purchased a $100,000 face-value bond of Myers Corp. on August 31, 2019, for $104,490 plus accrued interest. The effective yield on the bond is 11.02%. The bond pays interest annually each November 1 at a rate of 12%. On November 1, 2019, Flounder Corp. received the annual interest. On December 31, 2019, Flounder's year end, the fair value for these bonds was 103.8. Flounder sold the bond on January 15, 2020, for $103,500 plus accrued interest. Assume Flounder Corp. follows IFRS. Your answer is partially correct. How many months was the bond held for by Flounder Corp. in 2019? Based on this, how much of the income reported on this bond should be for interest received? 4 Number of months months Interest received Your answer is incorrect. How much return did Flounder Corp.earn while the bond was held? Overall return earned on bonds $