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Business, 06.04.2021 01:30 Jazs7202

Myriad Solutions, Inc. issued 12% bonds, dated January 1, with a face amount of $350 million on January 1, 2021, for $312,921,210. The bonds mature on December 31, 2030 (10 years). For bonds of similar risk and maturity the market yield is 14%. Interest is paid semiannually on June 30 and December 31. 1. What would be the net amount of the liability Myriad would report in its balance sheet at December 31, 2021

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Myriad Solutions, Inc. issued 12% bonds, dated January 1, with a face amount of $350 million on Janu...
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