Solved: The straight line method of amortizations is useful for, Accounting Basics

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The straight line method of amortizations is useful for

Question - Alpha Company purchased a $1,000, %5, 6-year bonds at 97 and was held to maturity. The straight line method of amortizations is useful for both premiim & discounts. What is the net cash received over the life of the bond investment?

PLEASE SHOW CALCULATIONS. Thanks.

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Accounting Basics: The straight line method of amortizations is useful for

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