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Auerbach Inc. 15sued 6% bonds on October 1, 2021. The bonds have a maturity date of September 30,2031 and a face value of $500 milion.
Auerbach Inc. 15sued 6% bonds on October 1, 2021. The bonds have a maturity date of September 30,2031 and a face value of $500 milion. The bonds pay interest each March 31 and September 30 , beginning March 31,2022 . The effective interest rate established by the market was 8% Assuming that Auerbach issued the bonds for $432,045.000, what would the company report for its net bond iability balance at December 31,2021 , rounded up to the nearest thousand? (Do not round intermediate calculations.) Multiple Choice $433,186,000 $439.545.000
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