When the market rate of interest was 12%, Halprin Corporation issued $317,000, 11%, 10-year bonds that pay interest annually. The selling price ofthis bond issue was?Use the present value tables in Exhibit 8 and Exhibit 10.Oa. $299,088Ob. $316,999Oc. $1,879,166Od. $1,802,347( PreviousNext>3:27 PMearch53°F Sunnya.12/14/2021114144pause1 shiftaltctrlUSE YOUR SMARTPHONE FORRevlews Videos Features COL789O5.Present Value of $1 at Compound InterestEXHIBIT 8Periods%90.94340%LL06006'00.892860.797195%%12%%0.96154%0L0.938970.934580.8849660606'00.811620.956940.952380.947870.924560.8984500068'00.881660.8278520.915730.907030.873440.826450.783150.876300068 80.838560.863840.851610.839620.816300.751310.731190.711780.693053.0.854800.822700.807220.792090.777320.762900.683010.658730.635520.613324.0.821930.802450.783530.765130.747260.729880.712990.620920.593450.567430.542760.790310.746220.725250.704960.685330.666340.564470.534640.506630.480320.759920.734830.710680.687440.665060.643510.622750.513160.481660.452350.42506690E0.672900.703190.676840.651600.627410.604230.582010.466510.433930.403880.376160.702590.644610.617630.591900.567350.543930.424100.390920.360610.332880.675560.643930.613910.585430.558390.532730.508350.385540.352180.321970.29459近a3:27 PM53°F Sunny(中ツ12/14/2021dy8,12prt sc114SU144delete9.backspaceenterpause↑ shifialtctrl

Present Value Paid at Maturity = Face Value * Pv factor at year 10 @ 12% = $ 317,000 * 0.38554 = $…

When the market rate of interest was 12%, Halprin Corporation issued $317,000, 11%, 10-year bonds that pay interest annually. The selling price of this bond issue was? Use the present value tables in Exhibit 8 and Exhibit 10. Oa. $299,088 Ob. $316,999 Oc. $1,879,166 Od. $1,802,347

When the market rate of interest was 12%, Halprin Corporation issued $317,000, 11%, 10-year bonds that pay interest annually. The selling price of this bond issue was? Use the present value tables in Exhibit 8 and Exhibit 10. Oa. $299,088 Ob. $316,999 Oc. $1,879,166 Od. $1,802,347

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter13: Long-term Liabilities

Section: Chapter Questions

Problem 10EB: Piedmont Corporation issued $200,000 of 10-year bonds at par. The bonds have a stated rate of 6% and...

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Note Valuation

It is the process to determine the value or worth of an asset, liability, debt of the company. It can be determined by many processes or techniques. Many factors can impact the valuation of an asset, liability, or the company, like:

Question

When the market rate of interest was 12%, Halprin Corporation issued $317,000, 11%, 10-year bonds that pay interest annually. The selling price of
this bond issue was?
Use the present value tables in Exhibit 8 and Exhibit 10.
Oa. $299,088
Ob. $316,999
Oc. $1,879,166
Od. $1,802,347
( Previous
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CO
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EXHIBIT 8
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