What is the total interest income

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Question - Alpha company purchased a board investment on January 1, 2017. The bonds have a par of $10,000, pay interest at a 5% annual rate and has a 5 year until maturity. What is the total interest Income that will be over the life of the board investment if the bonds were purchased at 95 and Alpha uses the straight line amortization method?

Reference no: EM131640778

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