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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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