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On January 1, 20X1, Hilton-top Hotels issued the following bond payable, interest payment is due annually on December 31. Par value of the bond 900,000
On January 1, 20X1, Hilton-top Hotels issued the following bond payable, interest payment is due annually on December 31. Par value of the bond 900,000 Coupon rate Issue price 5.35% 868,000 Term Cost to retire 10 927,000 Assuming the bond was fully retired on December 31, 20X4, what is the gain (loss) on retirement of the bond? Multiple Choice (48,321) (386,086) (32,000) 27,000
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Vba Advanced Advanced Techniques For Finance Pros
Authors: Hayden Van Der Post
1st Edition
979-8864994818
