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Posted: May 11th, 2022
Unrealized Gain/Loss Assignment
Sam co bought $100,000 of eight% bonds of AB industries on january 1 2019: 2024 – Online Assignment Homework Writing Help Service By Expert Research Writers, at a reduction, paying $92,278. The bonds mature january 1 2024 and yield 10%; curiosity is payable every july 1 and january 1. Sam co manages and evaluates investments efficiency on a documented threat administration or funding technique based mostly on honest worth info (honest worth possibility). On december 31 2019: 2024 – Online Assignment Homework Writing Help Service By Expert Research Writers when the market price of the curiosity is 12% and the honest worth of the bonds is $97,140, sam co will file on unrealized achieve/lack of:
a.$2958 loss
b.$3603 achieve
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c.$3603 loss
d.3634 achieve
e.3634 loss. Get Finance homework help at the moment
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