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Your answer is partially correct. Swifty Ltd, issued a $1,184,000,10 -year bond dated January 1,2023 . The bond was sold to yield 12% effective interest.
Your answer is partially correct.\ Swifty Ltd, issued a
$1,184,000,10-year bond dated January 1,2023 . The bond was sold to yield
12% effective interest. The bond paid
10% interest on January 1 and July 1 each year. The company's year-end was December 31, and Swifty followed IFRS. Using 1. factor Tables 2. a financial calculator, or 3. Excel function PV, calculate the amount received for the bond, and any discount or premium on the bond.
Swifty Ltd. issued a $1,184,000,10 year bond dated January 1, 2023. The bond was sold to yield 12% effective interest. The bond paid 10% interest on January 1 and July 1 each year. The company's year-end was December 31, and Swifty followed IFRS. Using 1. factor Tables 2. a financial calculator, or 3. Excel function PV, calculate the amount received for the bond, and any discount or premium on the bond
Your answer is partially correct.\ Swifty Ltd, issued a
$1,184,000,10-year bond dated January 1,2023 . The bond was sold to yield
12%effective interest. The bond paid
10%interest on January 1 and July 1 each year. The company's year-end was December 31, and Swifty followed IFRS. Using 1. factor Tables 2. a financial calculator, or 3. Excel function PV, calculate the amount received for the bond, and any discount or premium on the bond.
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