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17 t of Choose all of the following that are true for a bond issued with 6 years until maturity, a principal of $1000,
17 t of Choose all of the following that are true for a bond issued with 6 years until maturity, a principal of $1000, a coupon of 5% and a current yield of 6% (most answers with numbers are rounded a.Its current price will be about $1051 b.the cash received by the issuing company and recorded on the balance sheet at the time of issue would be about $951 c. the discount recorded at the time of issue would be about $45 d.at the end of the first year the issuer would record an interest expense of about $57 eat the end of the second year the issuer would amortize about $7.47 of the discount f. by maturity, the discount will have been completely amortized so that the carrying value of the bond will equal the principal amount in the bonds payable
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