Elite

Co$.$ purchased

$ $500$ comma $000$$$500,000$

of

$99\%$

bonds of

NeptuneNeptune

Co$.$ at face value on

JanuaryJanuary

$1,$

$20242024.$

The bonds pay interest on

JuneJune

$30$ and

DecemberDecember

$31$ each year. They mature in five years.

EliteElite

intends to hold the

NeptuneNeptune

bond investment until maturity and has the ability to do so$.$