On January 1, 2020, a company paid $100,000 to purchase 100 Government of Canada bonds that mature on December 31, 2024 and pay interest at 5%. At December 31, 2020, the bonds had a quoted price of $1,022 per bond.
Fill in the attached table assuming
a. Classified at fair value through profit or loss
b. Classified at fair value through other comprehensive income
c. Classified at amortized cost
Correct Answer:
Verified
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