Sam co purchased $100,000 of eight% bonds of AB industries on january 1 2019, at a discount, paying $92,278. The bonds mature january 1 2024 and yield 10%; curiosity is payable each july 1 and january 1. Sam co manages and evaluates investments effectivity on a documented menace administration or funding method primarily based totally on sincere value information (sincere value risk). On december 31 2019 when the market worth of the curiosity is 12% and the sincere value of the bonds is $97,140, sam co will file on unrealized obtain/lack of:
a.$2958 loss
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b.$3603 obtain
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c.$3603 loss
d.3634 obtain
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e.3634 loss. Get Finance homework help in the mean time
