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Question 1 (6 points) On August 1, 2017, Winsong Inc. acquired $180,000 (face value) 10% bonds of Bissem Corporation at 104 plus accrued interest. The
Question 1 (6 points) On August 1, 2017, Winsong Inc. acquired $180,000 (face value) 10% bonds of Bissem Corporation at 104 plus accrued interest. The bonds were dated May 1, 2017, and mature on April 30, 2020, with interest payable each October 31 and April 30. The bonds will be held to maturity. Assuming the amortized cost model is used, Question 1: How much did Windsong pay for the bond? Question 2: What is the interest payment Windsong will receive on the first payment date
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