Question
on January 1, 2018, a business issued a 10 semi annual bonds with a face value of 10,000 each. They are two year bonds with
on January 1, 2018, a business issued a 10 semi annual bonds with a face value of 10,000 each. They are two year bonds with a face rate of 12% and a market rate of 16% Cash Proceeds 93,375. what is the carrying value of the bonds after the second period( after the second interest payment)?
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Research Methods For Accounting And Finance Global Management Series
Authors: Audrey Paterson, Kevin D. Ogorman, David Leung, Robert Macintosh, William Jackson
1st Edition
1910158895, 978-1910158890
