Eurostar LLC has in issue 9% bonds with par value OMR250.000 and redemption value OMR190,000, with interest payable semiannual. The cost of debt on the bonds is 10% annually and 5% half yearly. The bonds are redeemable on 31" December 2025 and it is now 1" Auly 2021. Calculate the market value of the bonds( consider three place after decimat in your calculation) None of them OMR 166,778.75 OMR 202.235 OMR 122,360

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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Eurostar LLC has in issue 9% bonds with par value OMR250,000 and redemption value OMR190,000, with interest payable
semiannual. The cost of debt on the bonds is 10% annually and 5% half yearly. The bonds are redeemable on 31" December
2025 and it is now 1 kuly 2021. Calculate the market value of the bonds( consider three place after decimal in your calculation)
None of them
OMR 166,778.75
OMR 202,235
OMR 122,360
Transcribed Image Text:Eurostar LLC has in issue 9% bonds with par value OMR250,000 and redemption value OMR190,000, with interest payable semiannual. The cost of debt on the bonds is 10% annually and 5% half yearly. The bonds are redeemable on 31" December 2025 and it is now 1 kuly 2021. Calculate the market value of the bonds( consider three place after decimal in your calculation) None of them OMR 166,778.75 OMR 202,235 OMR 122,360
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