Question
Debo Inc. issued a $100,000, 5-year, 5% bond on 1/1/2010. The market interest rate is 5%. What is the issuing pricing for this bond on
Debo Inc. issued a $100,000, 5-year, 5% bond on 1/1/2010. The market interest rate is 5%. What is the issuing pricing for this bond on 1/1/2010?
| 89,000 |
| 115,000 |
| 100,000 |
| 98,000 |
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Applying IFRS Standards
Authors: Ruth Picker, Kerry Clark, John Dunn, David Kolitz, Gilad Livne, Jance Loftus, Leo Van Der Tas
4th Edition
1119159229, 9781119159223
