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What is the net cash received over the life of the bond

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Question - Annapolis Company purchased a $3,000, 8%, 5-year bond at 97 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: EM133046347

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