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Classify these bond as held-to-maturity securities

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Question - On January 1, year 1, 50 bonds, each valued at $1,000, 8% stated rate, were purchased from company B. These bonds are expected to mature on December 31, Year 3, paying interest  annually on December 31st. Bond were purchased to yield 5%. Please classify these bond as held-to-maturity securities.

Reference no: EM132823835

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