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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