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Business, 27.11.2019 21:31 arianaguerin

On june 1, $40,000 of treasury bonds were purchased between interest dates. the brokerage commission was $600. the bonds pay interest at 12%, which is paid semiannually on january 1 and july 1. how much interest revenue will be recorded on july 1? a.$400 b.$406 c.$2,000 d.$2,400

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