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n 1/1/2015, Almajd Co, issued $ 20000, 6%, 5 years bond for $ 18378, when the market interest rate was 8%, interest is paid semiannually
n 1/1/2015, Almajd Co, issued $ 20000, 6%, 5 years bond for $ 18378, when the market interest rate was 8%, interest is paid semiannually on 1/7 and 1/1 of each year, Co . Uses the effective interest method, carrying value of bonds on 12/31/2015: Select one: a. 18378 b. 20000 c. 18654 d. 18 102
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