(Answered) On jan of 2005 company purchases 100million of 3 year bond

Finance

On Jan of 2005, company purchases $100million of 3 year bond maturing in 2008. They plan to hold until maturity. The bond pays 1% interest in 2005 and end year for a fair market value of $105million.

Effect on 2005: Pretax Income =

Total assets =

Equity =

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