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Interest on Bond Investments On February 1, Hansen Company purchased $126,000 of 5% on January 1 and J s at their face amount plus one

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Interest on Bond Investments On February 1, Hansen Company purchased $126,000 of 5% on January 1 and J s at their face amount plus one month's accrued interest. The bonds pay interest 15-year Knight Company bond uly 1. On October 1, Hansen Company sold $45,600 of the Knight Company bonds acquired on February 1, plus three months' accrued interest. On for the remaining bonds. Determine the interest earned by Hansen Company on dollar ckMy Work PreviousNex

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