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Estimate what is the net cash received over the life of bond

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Question 1: Annapolis Company purchased a $4,000, 7%, 6-year bond at 105 and held it to maturity. The straight line method of amortization is used for both premiums & discounts. What is the net cash received over the life of the bond investment? (all money received minus all money paid, round to nearest whole dollar)

Reference no: EM132500582

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