Your Answer 14) On July 10, Becca Company made a $10,000 credit sale under the terms 1/10, net 30 If Becca receives the full payment of the account on July 19, the amount of cash A $ 9,800 B. $ 9,700 received is: 2% Discount = $200 C. $ 10,300 D. $ 10,000 10,000-200 - 9,800 E. $ 10,200 Your Answer Use the following information for the next five questions 15-19 Debbie Debs, Inc. (DDI) issued a 10 year, $100,000 face bond witha 10% Intero bond pays the interest for 10 years and then pays the principal of $100,000 at the end o the 10th year. 100.000 X,1 10,000 15) If the current interest rates are 10% at the time of issue, on the date of issue, DDI will receive A. $ 100,000.00 B. $ 91,954.77 100,000 C. $ 73,734.81 D. $ 88,699.55 E. None of the above Your Answer 16) If the current interest rates are 12% at the time of issue, on the date A. $ 104,986.81 PMT=10,000 B. $ 113,420.16 Ily-12 c. $ 88,699.55 N-10 D. $ 100,000.00 FV- E. None of the above Your Answer 17) If the current interest rates are 8% at the time of issue, on the date A. $ 104,986.81 B. $ 113,420.16 81760 C. $ 77,399.11 D. $ 100,000.00 97107 E. None of the above Face Value - 100,000 cap Rate - 8,000 Your Answer * of periods10 Interest - 10% K 18) If the DDI bonds are sold to yield 12%, they will be said to be sold A a discount Market Ratez Contract Rate -B a premium c. par (10%) (12%) D. the coupon rate Premium E. None of the above Your Answer 19) If the DDI bonds are issued to yield 12%, the face interest rate of 10 A. The effective rate -B The coupon rate C. The premium rate D. The discount rate E. None of the above Your