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Rana purchases a 5%, $100,000 corporate bond at issuance on January 1, 2015 for $91,500. The bond matures in five years. In 2015 Rana will

Rana purchases a 5%, $100,000 corporate bond at issuance on January 1, 2015 for $91,500. The bond matures in five years. In 2015 Rana will recognize interest income of

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