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If a $6,000,10 Percent,10-Year Bond Was Issued at 104 on October

Question 139

Multiple Choice

If a $6,000,10 percent,10-year bond was issued at 104 on October 1,how much will accrued interest payable be on December 31 if interest payments are made annually?


A) $104
B) $144
C) $150
D) $156

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