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Zhang Company, an IFRS company sold $8.000.000 of 6% 3-year bonds on January 1, 2016 The bonds pay interest each December 31 cost the
Zhang Company, an IFRS company sold $8.000.000 of 6% 3-year bonds on January 1, 2016 The bonds pay interest each December 31 cost the company $30,000 in bonde costs The bonds weld at par What the effective interest rate for the bonds? A 6.14% 5.86% X8.5% OD 6.12%
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
10th Canadian Edition Volume 2
1118300858, 978-1118300855
