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Assume the following Romeo Ltd needed to raise additional capital to finance its expansion. The company decided to issue bonds. The bonds had a face

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Assume the following Romeo Ltd needed to raise additional capital to finance its expansion. The company decided to issue bonds. The bonds had a face value of $500 million and an annual interest rate of 45%, paid semi-annually on June 30 and December 31, and will reach maturity on December 31, 2030 The bonds were Issued at 961 on January 1, 202, which represented a yield of 5% Use this given information to answer Questions 33 and 34 Determine the bonds discount Os The bonds premium equals 19,500,000 OD. The bonds discount equals 19,500,000 OcThe bonds are issued at par Od None The journal entry to record the issuance of the bonds O a De Bonds payable 480.500 Cash 480.500.000 Ob Dr. Cash 500.000.000, Common shares 500.000.000 O De Cash 480.500.000 Bonds payable 480.500,000 Od Dr Cash 500,000,000, Bonds payable 500.000.000

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