Business
Business, 25.06.2021 01:00, Mintfu2580

A government acquires as an investment a 30-year U. S. Treasury bond having a face value of $10,000. At the end of year 20, with 10 years remaining until maturity, the bond had a fair value of $10,200. Taking into account the discount at which the government initially purchased the bond, its amortized cost was $9,760. Assuming that it held the bond in a governmental fund, the government should report the bond at a value of

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A government acquires as an investment a 30-year U. S. Treasury bond having a face value of $10,000....

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