Question
Pearson Co issue its $165,600 at a price of 94, the stated rate is 6%, the bond term is 4 years, and the market rate
Pearson Co issue its $165,600 at a price of 94, the stated rate is 6%, the bond term is 4 years, and the market rate is 8%.Assume the term of the bonds is 4 years.
The annual interest payment on the bond will be $_______
please show me how to work this problem
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Comparative International Accounting
Authors: Christopher Nobes, Robert Parker
13th edition
1292081902, 1292081908, 9781292081960 , 1292081961, 978-1292081908
