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D2L Table of C X D2L Chapter 7 x Question x Dashboard x | Q Search Qu x | Q Chapter 7 x | Q Exam 2 -1 x | O Chapter 7 x | \\ Federal In x | Point Brea X + G 2. ezto.mheducation.com/ext/map/index.html?_con=conexternal_browser=0launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconnect%25... P S All Bookmarks Chapter 7 - Homework i Saved Help Save Exit Submit Required information [The following information applies to the questions displayed below.] Part 1 of 2 At the beginning of his current tax year, David invests $12,000 in original issue U.S. Treasury bonds with a $10,000 face value that mature in exactly 10 years. David receives $700 in interest ($350 every six months) from the Treasury bonds during the current year, and the yield to maturity on the bonds is 5 percent. Note: Round your intermediate calculations to the nearest whole dollar amount. 4 points a. How much interest income will he report this year if he elects to amortize the bond premium? eBook Adjusted Basis Semiannual of Bond at Interest Premium Reported Hint Period Beginning of Received Amortization Interest Semiannual Period Print 2 Yearly Total References Mc Graw Prey. 1 2 of 29 Next Hill