Question
Your company sells $190,000 of bonds for an issue price of $193,800. Which of the following statements is correct? The bond sold at a price
| Your company sells $190,000 of bonds for an issue price of $193,800. Which of the following statements is correct? |
The bond sold at a price of 102.00, implying a premium of $3,800.
The bond sold at a price of 51.00, implying a premium of $3,800.
The bond sold at a price of 102.00, implying a discount of $3,800.
The bond sold at a price of 51.00, implying a discount of $3,800.
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The Power Of Accounting What The Numbers Mean And How To Use Them
Authors: Lawrence Lewis
1st Edition
0415884306, 978-0415884303
