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lanice holds most of her investments through Holdco, a holding company. Two years ago, on July 1 st, HOLDCO purchased a 2 -year $10,000 strip
lanice holds most of her investments through Holdco, a holding company. Two years ago, on July 1 st, HOLDCO purchased a 2 -year $10,000 strip bond for $8,700. The interest earned is recorded in the table: How must HOLDCO report the investment income? a) $0 two years ago, $0 last year and $1,300 this year b) $308 two years ago, $650 last year and $342 this year c) $0 two years ago, $627 last year and $673 this year d) $325 two years ago, $650 last year and $325 this year
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