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QUESTION 6 Assume that DELFT Inc. purchases a $1,000,2%, fair-market-value investment on 3/1/20 with a $40,000,6%, 2-year N/P (principal and interest all paid at the

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QUESTION 6 Assume that DELFT Inc. purchases a $1,000,2%, fair-market-value investment on 3/1/20 with a $40,000,6%, 2-year N/P (principal and interest all paid at the end of year 2) and plans to hold the investment for four years. During the year, DELFT receives $20 of cash interest from the investment and at the end of the year, the investment is listed on NASDAQ at $1,600. The $39,000 additional cash received from the loan is placed in Delft's bank account. 6. What is the impact of the purchase of the fmy security on working capital? (Just the purchase) QUESTION 6 Assume that DELFT Inc. purchases a $1,000,2%, fair-market-value investment on 3/1/20 with a $40,000,6%, 2-year N/P (principal and interest all paid at the end of year 2) and plans to hold the investment for four years. During the year, DELFT receives $20 of cash interest from the investment and at the end of the year, the investment is listed on NASDAQ at $1,600. The $39,000 additional cash received from the loan is placed in Delft's bank account. 6. What is the impact of the purchase of the fmy security on working capital? (Just the purchase)

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