Question: in December 3 1 , 2 0 2 3 , Spangler Company purchased a 5 - year, $ 1 0 0 , 0 0 0

in December 31,2023, Spangler Company purchased a 5-year, $100,000 bond with a 7% interest rate
nd a 5% yield for $108,660. Presented are amortized costs and fair values of the bond at each year-end.
jpangler designates this security as trading .
in December 31,2023, Spangler Company purchased a 5-year, $100,000 bond with

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