Homework Answers
1a) When bond issued at par
1b) When bond issued at premium
1c) When bond issued at discount
2) Price of bonds = 530000*90/100 = 477000
3a) Interest pay each = 530000*5% = 26500
3b) Interest expense = 26500+(53000/15) = 30033
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for requirement 1: all parts a, b, and c have the answer
options of discount price,...
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