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Bond prices depend on the market rate of interest, stated rate of interest, and time. Requirements Compute the price of the following 8% bonds of
Bond prices depend on the market rate of interest, stated rate of interest, and time. Requirements Compute the price of the following 8% bonds of Allied Telecom. a. $500,000 issued at 75.50 $500,000 issued at 102.75 $500,000 issued at 96.50 $500,000 issued at 102.50 Which bond will Allied Telecom have to pay the most to retire at maturity? Explain your answer. Ogden issued a $70,000, 12%, 10-year bond payable at 90 on January 1, 2016. Requirements Journalize the issuance of the bond payable on January 1, 2016. Journalize the payment of semiannual interest and amortization of the bond discount or premium on July 1, 2016. Watson Mutual Insurance Company issued a $65,000, 11%, 10-year bond payable at 109 on January 1, 2016. Requirements Journalize the issuance of the bond payable on January 1, 2016. Journalize the payment of semiannual interest and amortization of the bond discount or premium on July 1, 2016
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