What is the amortised cost of the bonds on thirty june, Financial Accounting

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What is the amortised cost of the bonds on thirty june

Problem

On 1 July 2021, XYZ Ltd acquired $20,000 worth of 5 year government bonds. Transactions costs to acquire the bonds were equal to $500. The annual interest payments are 4%. If the effective rate of interest is 3.447%, what is the amortised cost of the bonds on 30 June 2022?

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Financial Accounting: What is the amortised cost of the bonds on thirty june

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