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Sheridan Co. issued $112000 of ten-year, 12% bonds that pay interest semiannually. The bonds are sold to yield 10%. One step in calculating the issue
Sheridan Co. issued $112000 of ten-year, 12% bonds that pay interest semiannually. The bonds are sold to yield 10%. One step in calculating the issue price of the bonds is to O multiply $13440 by the table value for 20 periods and 6% from the present value of an annuity table. multiply $13440 by the table value for 20 periods and 5% from the present value of an annuity table. multiply $6720 by the table value for 20 periods and 5% from the present value of an annuity table. O multiply $13440 by the table value for 10 periods and 12% from the present value of an annuity table.
answer the picture please
On January 1, Carla Vista inc issued $7000000,9% bonds for $7455000. The market rate of interest for these bonds is 8%. Interest is payable annually on December 31 . Carta Vista uses the effective-interest method of amortizing bond premium. At the end of the first year, Carla Vista should report unamortized bond premium of $315000$422280$387288$421400 Step by Step Solution
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