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Question 9 (1 point) On January 1, 2020, Valle Bleue Lte purchased bond of $100,000 face value at an effective rate of 7% from Mail
Question 9 (1 point) On January 1, 2020, Valle Bleue Lte purchased bond of $100,000 face value at an effective rate of 7% from Mail Frontier Inc. The bonds mature on January 1, 2021. For the year ended December 31, 2020, Valle Bleu received cash interest of $6,400 $5,000 $7,000 Question 10 (1 point) Return to Valle Bleue's bond investment in question 9. Assume an effective interest rate of 6%. For the year ended December 31, 2020, Valle Bleu earned interest revenue of $6,000 $5,000 $7,000
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