Answered: five years bond with face value $1000 ,…

five years bond with face value $1000 , annual interest of 5% for $860 bond value. The coupon payment will be A) $23.89 B) $17,66 C) $31,87 D) $20,98

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter13: Long-term Liabilities

Section: Chapter Questions

Problem 6MC: On July 1, a company sells 8-year $250,000 bonds with a stated interest rate of 6%. If interest...

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five years bond with face value $1000 , annual interest of 5% for $860 bond value. The coupon payment will be A) $23.89 B) $17,66 C) $31,87 D) $20,98

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