eton corp purchased as an investment 5-year, 9% bonds having a maturity value of $400,000 for $370,432 on january 1, 2021. interests are paid annually on december 31. the bonds provide the bondholder with an 11% yield and are classified as held-to-maturity. at december 31, 2022 the market value of the bonds is $390,444. at what amount should the investment be reported in the 2022 balance sheet?

A. $370,432

B. $390,444

C. $380,449

D. 41,270

Answer rating: 100% (QA)

market value of bonds at the end of ... View the full answer