Question 14 Not yet answered Marked out of 200 flag question THIS MULTIPLE CHOICE QUESTION (MCO) IS BASED ON THE STRAWBERRY COMPANY SCENARIO BELOW: STRAWBERRY Company purchased the bonds of another company on 1 January 2019. The following information about the Debt Investment (ie, the purchased bonds) is available Face Value (.e. Nominal Value) = $2,000,000; Stated rate (le, Coupon or Nominal rate): 8% per year (e., per annum) Effective rate i.e., Yield): 6% per year (ie, per annum) . Life: 2 years . Interest: Semi-Annual on 30 June and 31 December The Present Value (PV) Factor and Annuity Factor for a range of interest rates for N=4 are as follows: . Rate PV Factor Annuity Factor (Table 8-2) (Table 6-4) 0.889 3.72 3% 4% 0.855 3.63 15% 0.823 3.55 6% 0.747 3.47 (note: the relevant exact values from the above table must be utilized in your calculation MCQ What Interest Revenue figure in the income Statement will STRAWBERRY Company report from its Debt Investment for 2020? (round to two decimal places in all calculations) Select one a $124.004.04 b. None of these answers C. $99,102.45 d. $97,193.75 e $100 304.14