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21-10-2022
Business

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the city of naples has investments in bonds. these bonds have an carrying value of $3,997,000. at year end, the financial press reports a market value of $3,994,600 for these bonds. the original cost of the bonds was $3,993,000. the par value at maturity will be $4,000,000. the amount at which the investments would be reported is:

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