A company has an investment in 9% bonds with a par value of $100,000 that pay interest on October 1 and April 1. The amount of interest accrued on December 31 (the company's year-end) would be:
A. $2,250.
B. $750.
C. $1,500.
D. $4,500.
E. $9,000.
Answer: A
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