Business, 02.01.2020 23:31 raylynnreece5052
On july 1, 2010 a semi-annual $800,000 5 year bond with contractual (or coupon) rate of 10% had a net book value of $704,171. the bond had been issued at a discount rate of 16% and matures on december 31, 2012. the total interest expense recorded on june 30, 2011 (rounded) would be:
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On july 1, 2010 a semi-annual $800,000 5 year bond with contractual (or coupon) rate of 10% had a ne...
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