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Question - If you bought a 20-year bond issued by the government, with a par value of $1,000 and an interest rate of 8%. At maturity what you will be returned the principal?
a. $80.
b. $500.
c. $800.
d. $1,000.
e. $1,080.
How to Record the transactions.HHL purchased equipment that cost $150,000 on account. The equipment is expected to last 15 years and has no salvage value.
At the end of April all units were completed except for 675 units. Use this information to determine number of units completed.
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