Walt Disney 2.125% bonds due in 2023 were reported in The Wall Street Journal as selling for

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Walt Disney 2.125% bonds due in 2023 were reported in The Wall Street Journal as selling for 103.536.
Were the bonds selling at a premium or at a discount? Explain.

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Accounting

ISBN: 978-0324188004

21st Edition

Authors: Carl s. warren, James m. reeve, Philip e. fess

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Question Posted: Nov 12, 2012 06:48 AM

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Walt Disney 2.125% bonds due in 2023 were reported in The Wall Street Journal as selling for

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The bonds were selling at a premium This is indicated by ...View the full answer

Accounting

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