asked 7/31/2010 Patton Company Purchased $400,000 Of 10% Bonds Of Scott Co. On January 1, 2011, Paying $376,100. The Bonds Mature January 1, 2021; Interest Is Payable Each July 1 And January 1. The Discount Of $23,900 Provides An Effective Yield Of 11%. Patton Compa?
