Financial%20Accounting%20for X + X File C:/Users/DELL/Documents/MBA/Financial%2520Accounting%2520for%2520Decision%2520Makers.%25202e%2520by%2520DeFond.pdf.pdf Continue your browsing in Microsoft Edge. Regularly bring your favorites, passwords, history, and more from other browsers. Microsoft Privacy Statement Confirm Not now 382 of 705 Q + ID Page view A Read aloud m Add textDraw! Highlight Erase lo This file has limited permissions. You may not have access to some features. View permissions Borrowing ($ in millions) Amount Effective Interest Rate (%) a. b. 3.00 percent, zero-coupon bond, due 2024 4.95 percent debentures, due 2037 3.80 percent debentures, due 2021. 6.95 percent bonds, due 2029 .. $202 500 500 293 3.00 5.00 3.82 6.90 c. d. LO3 For each borrowing, indicate whether the bond or debenture was originally sold at its face value, a discount, or a premium. SE9-9. Bond Interest Expense Los Altos, Inc., sold $100,000 face value, six percent coupon rate, four- year bonds, for an aggregate issue price of $96,000. Calculate the total interest expense to be recorded by the company over the four-year life of the bonds. SE9-10. Bond Interest Expense Los Altos, Inc., issued $400 million of zero-coupon ten-year bonds. The proceeds from the bond issuance were $186.6 million. Calculate the total interest expense that the company will incur over the life of the bonds. MBC LO3 MBC EXERCISESSET A E Type here to search BA 24C Cloudy Aelo 4 ENG 01:32 16-11-2021 Financial%20Accounting%20for X + X File C:/Users/DELL/Documents/MBA/Financial%2520Accounting%2520for%2520Decision%2520Makers.%25202e%2520by%2520DeFond.pdf.pdf Continue your browsing in Microsoft Edge. Regularly bring your favorites, passwords, history, and more from other browsers. Microsoft Privacy Statement Confirm Not now 382 of 705 Q + ID Page view A Read aloud m Add textDraw! Highlight Erase lo This file has limited permissions. You may not have access to some features. View permissions Borrowing ($ in millions) Amount Effective Interest Rate (%) a. b. 3.00 percent, zero-coupon bond, due 2024 4.95 percent debentures, due 2037 3.80 percent debentures, due 2021. 6.95 percent bonds, due 2029 .. $202 500 500 293 3.00 5.00 3.82 6.90 c. d. LO3 For each borrowing, indicate whether the bond or debenture was originally sold at its face value, a discount, or a premium. SE9-9. Bond Interest Expense Los Altos, Inc., sold $100,000 face value, six percent coupon rate, four- year bonds, for an aggregate issue price of $96,000. Calculate the total interest expense to be recorded by the company over the four-year life of the bonds. SE9-10. Bond Interest Expense Los Altos, Inc., issued $400 million of zero-coupon ten-year bonds. The proceeds from the bond issuance were $186.6 million. Calculate the total interest expense that the company will incur over the life of the bonds. MBC LO3 MBC EXERCISESSET A E Type here to search BA 24C Cloudy Aelo 4 ENG 01:32 16-11-2021