1. On January 1, 2013, Y. Corp. issued 10% - 5 year bonds with a face of P100,000 at P97,500. Compute the approximate yield to maturity.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
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Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 4EA: On January 1, 2018, Wawatosa Inc. issued 5-year bonds with a face value of $200,000 and a stated...
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1. On January 1, 2013, Y. Corp. issued 10% - 5 year bonds with a face of P100,000 at
P97,500. Compute the approximate yield to maturity.
A bond moturee in 10 v eore The bond'e focevolue ie S1.000 ond poue on opnuel 7 50/
roo
Transcribed Image Text:1. On January 1, 2013, Y. Corp. issued 10% - 5 year bonds with a face of P100,000 at P97,500. Compute the approximate yield to maturity. A bond moturee in 10 v eore The bond'e focevolue ie S1.000 ond poue on opnuel 7 50/ roo
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