Accountıng Iı Deneme Sınavı Sorusu #1042305

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 10 percent. The principal amount borrowed will be paid back once at maturity. Calculate the present value (selling price) of the bonds. 


90,752 TL

91,364 TL

92,278 TL

93,532 TL

95,367 TL


Yanıt Açıklaması:

Present Value of the Principal
100,000 TL x 0.61391 (Appendix A, Table 1, n: 10, i: 5%) 61,391 TL
Present Value of the Interest Payments
4,000 TL x 7.72173 (Appendix A, Table 2, n: 10, i: 5%) 30,887 TL
Present value (selling price) of the bonds 92,278 TL

The correct answer is C.

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