Company A and Company B both issued $10 million in term bonds on the same day with
Fantastic news! We've Found the answer you've been seeking!
Question:
Company A and Company B both issued $10 million in term bonds on the same day with the same maturity date. Yet, the beginning book value of the reported liability differed between the companies - correctly. Why would the same bond amounts with the same maturity date be reported at differing amounts? How are bond prices computed?
Posted Date: