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I need answers for both of two questions thanks Sloth Savings Inc. (Sloth) purchased 5 year bonds on Jan 1st. The bonds have a face

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Sloth Savings Inc. (Sloth) purchased 5 year bonds on Jan 1st. The bonds have a face value of $500,000 and make semi-annual interest payments of $13,750. The stated rate for the bonds is 5.5% and the market rate was 6% on the day the bonds were purchased. How much did Sloth pay for the bonds? Multiple Choice $489,335 5500,000 5637500 $464 440 Si acquired shares that are not part of a held for trading portfolio. The shares are listed on a public stock exchange such that fair value information is readily available. Si management would like to report the shares at fair value on the SFP, however, management does not want holding gains and losses to result in income volatility. How should St management classify the shares? Si reports under IFRS. Multiple Choice FVTPL FVTOCI Amortized cost Cost

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