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Accountıng Iı Deneme Sınavı Sorusu #1406706
Accountıng Iı Deneme Sınavı Sorusu #1406706
On January 1, 2018 Call Corporation issued bonds for $100,000 due in 5 years with 10 percent interest payable semiannually (twice a year). At the time of issue market rate for such bonds is 12 percent. The principal amount borrowed will be paid back once at maturity. What is the selling price of bonds?
|
92,791 |
|
100,000 |
|
56,743 |
|
36,048 |
|
7,209 |
Yanıt Açıklaması:
Present Value of the Principal $56,743
Present Value of the Interest Payments 36,048
Selling Price 92,791
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