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On January 1, 2019, Aperture Science, Inc. issued $400,000 of twenty-year bonds when a market rate was 2%. The annual interest payment each year is
On January 1, 2019, Aperture Science, Inc. issued $400,000 of twenty-year bonds when a market rate was 2%. The annual interest payment each year is $16,000. What is the carrying value of the bonds after the interest payment on December 31, 2020? Select one: a. $519,936.25 b. $400,000.00 C. $457,295.20 d. $459,509.90
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Cost Benefit Analysis Theory And Application
Authors: Tevfik F. Nas
1st Edition
080397132X, 978-0803971325
