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Question 11 1 pts Cubs, Inc. issued P1,000,000, 12%, 20-year bonds at 102 plus accrued interest on February 1, 2020. The bonds are dated January

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Question 11 1 pts Cubs, Inc. issued P1,000,000, 12%, 20-year bonds at 102 plus accrued interest on February 1, 2020. The bonds are dated January 1, 2020 and pay interest semi-annually every June 30 and December 31. Transaction costs totaled P50,000. How much accrued interest on the bonds shall Cubs collect from the investor on February 1? Question 12 1 pts What is the initial carrying amount of the bonds on February 1, 2020

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