Question
If the 280,000 face value bonds, purchased at a discount for 253,100 on Jan 01,2020, are classified as held-to-maturity and ended up being sold on
If the 280,000 face value bonds, purchased at a discount for 253,100 on Jan 01,2020, are classified as held-to-maturity and ended up being sold on Dec 31st 2021 (could occur if company needs urgent liquidity), how much would be the realized gain on the sale of bonds?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
