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How much is the total cash payment in the acquisition

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Problem 1: On October 1, 2016, Fernandez company purchased as debt investments at fair value through profit or loss, P100300, 14% bonds of JUAN Company for 99 plus accrued interest and broker's fees. Interest is paid semi-annually on February 1 and August 1. Broker's fees incident to this purchased amounted to 500. How much is the total cash payment in the acquisition of the debt investments on Oct 1, 2016?

Reference no: EM132700156

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