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On January 1, 2021, Coronado Ltd. issued bonds with a maturity value of $ 4.90 million for $ 4,696,160 , when the market rate of
On January 1, 2021, Coronado Ltd. issued bonds with a maturity value of $4.90 million for $4,696,160, when the market rate of interest was 7%. The bonds have a contractual interest rate of 6% and mature on January 1, 2026. Interest on the bonds is payable semi-annually on July 1 and January 1 of each year. On January 1, 2021, Carla VistaCompany, a public company, purchased Coronado Ltd. bonds with a maturity value of $0.98 million to earn interest. On December 31, 2021, the bonds were trading at 99. Both companies year end is December 31.
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