question 28 - 29

QUESTION 28 Razorback, Inc. invested $100,000 in a fixed-income security on January 1, 2017. The security had a coupon rate, and paid interest semiannually Only 1, 2017 Razorback received its first coupon payment of $3.500. During the period interest rates declined and the market value of the securities is now $10.00he company classifies the securities as available for sale, then the company's income statement will increase by as a result of the bond investment Oas Ob.53.500 OC 35.000 d. 57.000 Oe58.500 QUESTION 29 Which of the following would NOT be classified as a casequivalent on a company's balance sheet? a. An investment in a corporate bond. b. A bank deposit OC. An investment in commercial paper, d. A money market account. Oe. A US Treasury B