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Question - Record the given transactions

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Question - Record the given transactions.

The company purchased the following instruments:

Feb 1, 2022 Purchased at 101 a $ 15,000, 5% 5-year Laurentian Bank of Canada bond. Interest is paid semi-annually. The market rate of interest was 3.5%. The bonds were purchased to trade.

Aug 1, 2022 Received interest on the bond.

Aug 2, 2022 Sold the bond at 99.

Reference no: EM132836284

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