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Posted on Aug 13, 2024

On January 1 , 2 0 2 4 , Universe of Fun issues $ 8 9 0 , 0 0 0 , 9 % bonds

On January

1, 2024,

Universe of Fun issues $

890, 000, 9 %

bonds that mature in

20

years. The market interest rate for bonds of similar risk and maturity is

10 %,

and the bonds issue for $

813, 642 .

Interest is paid semiannually on June

30

and December

31 .

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