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On January 1, 2019, a company's balance sheet reports its investments in debt securities as follows: Assets Investment in HTM securities..... $207,544 Supporting information: The
On January 1, 2019, a company's balance sheet reports its investments in debt securities as follows: Assets Investment in HTM securities..... $207,544 Supporting information: The HTM securities are $200,000 face value securities purchased on January 1, 2017, at a yield of 4%. The securities have a 4-year total life and pay interest annually on December 31, at a coupon rate of 6%. Q: Investment in HTM securities reported on the December 31, 2019 balance sheet is: a. $203,846 b. $204,938 c. $207,544 d. $207,997
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