a company has an investment in 9% bonds with a par value of $100,000 that...
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Accounting
a company has an investment in 9% bonds with a par value of $100,000 that pay interest on October 1 and April 1. The amount of interest accrued on December 31 (company's year end) would be:
A) $750
B) 1500
C) 2250
D) 4500
E) 9000
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