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
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
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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