Question 16 Not yet answered Marked out of LDO Flag question THIS MULTIPLE CHOICE QUESTION (MCO) IS BASED ON THE STRAWBERRY COMPANY SCENARIO BELOW. STRAWBERRY Company purchased the bonds of anomer company on 1 January 2019. The following information about the Deot Investment (ie, the purchased bonds) is available: Face Value (ie, Nominal Value) - $2,000,000, stated rate (ie. Coupon or Nominal rate): 8% per year (l.e. per annum) Effective rate (ie, 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 6-2) (Tablo 8-4) 3% 0.889 3.72 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 The balance on the Debt Investment at Amortized Cost Account on 31 December 2019 is? (round to two decimal places in all calculations) Select one: a $2,349,740.29 DEBIT ob $1,994,318 00 DEBIT c. $2,039,604.04 DEBIT d. $1,923,266.93 DEBIT e None of these answers