Question: On april 1 st 2 0 2 4 Eagle corp purchased $ 8 0 , 0 0 0 of bobcat inc's 6 % bonds at
On april st Eagle corp purchased $ of bobcat inc's bonds at a purchase price of At the time of purchase, the market rate of interedt was Eagle corp,whose year end is december expects to hold the bonds until their maturity date five years from the date of the purchase. Interest on the bonds will be paid every april and october until maturity. What is the carrying value amortized cost of the bond eagle corp would report on october
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