Accountıng Iı Deneme Sınavı Sorusu #1042256

On January 2, 2019 Anadolu Co. issued bonds for 100,000 TL due in 5 years with 8 percent interest payable semiannually. At the time of issue market rate for such bonds is 6 percent. The principal amount borrowed will be paid back once at maturity. Calculate the present value (selling price) of the bonds. 


104,890 TL

108,530 TL

115,563 TL

117,472 TL

120,563 TL


Yanıt Açıklaması:

Present Value of the Principal
100,000 TL x 0.74726 (Appendix A, Table 1, n: 10, i:3%) 74,409 TL
Present Value of the Interest Payments
4,000 TL x 8.53020 (Appendix A, Table 2, n: 10, i: 3%) 34,121 TL
Present value (selling price) of the bonds 108,530 TL

The correct answer is B.

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