A Php14,000 , 7% bond payable quarterly is priced to yield 8%, m=4 and redeemable at par at the end of 14 years and 9 months. Find the purchase price and bond premium (Premium or Discount) 6. A Php14,000 , 7% bond payable quarterly is priced to yield 8%, m=4 and redeemable atpar at the end of 14 years and 9 months. Find the purchase price and bond premium.(Premium or Discount)

Par value (FV) = Php 14,000 Coupon rate = 7% Quarterly coupon payment (C) = 14000*0.07/4 = Php 245…

Answered: A Php14,000 , 7% bond payable quarterly…

A Php14,000 , 7% bond payable quarterly is priced to yield 8%, m=4 and redeemable at par at the end of 14 years and 9 months. Find the purchase price and bond premium (Premium or Discount)

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter13: Long-term Liabilities

Section: Chapter Questions

Problem 4EA: On January 1, 2018, Wawatosa Inc. issued 5-year bonds with a face value of $200,000 and a stated...

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A Php14,000 , 7% bond payable quarterly is priced to yield 8%, m=4 and redeemable at par at the end of 14 years and 9 months. Find the purchase price and bond premium (Premium or Discount)

6. A Php14,000 , 7% bond payable quarterly is priced to yield 8%, m=4 and redeemable at
par at the end of 14 years and 9 months. Find the purchase price and bond premium.
(Premium or Discount)

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