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EA 4. LO 13.1 On January 1,2018 , Wawatosa Inc. issued 5 -year bonds with a face value of $200,000 and a stated interest rate
EA 4. LO 13.1 On January 1,2018 , Wawatosa Inc. issued 5 -year bonds with a face value of $200,000 and a stated interest rate of 12% payable semi-annually on July 1 and January 1 . The bonds were sold to yield 10%. Assuming the bonds were sold at 107.732, what is the selling price of the bonds? Were they issued at a discount or a premium
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