WORKING PAPERS F/ FUND ACCOUNTING
WORKING PAPERS F/ FUND ACCOUNTING
22nd Edition
ISBN: 9781308868394
Author: Wild
Publisher: MCG CUSTOM
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Chapter B, Problem 12E
To determine

Organisations do borrow from the public in the form of issuing bonds to them. Therefore, organisations do want to know their total cash outflows as a result of such bond issuance.

To Determine:-

Here, in the problem provided to us Spiller corp. wants to issue 15 year 10% bonds at par value of $5, 00,000 with semi annual payments of interest and such bonds have a market rate of 8%. The organisation wants to know the total cash proceed from the bond issue.

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BIG Problem with Bond Investing Today!!!; Author: Learn to Invest - Investors Grow;https://www.youtube.com/watch?v=1ScT15of0Vo;License: Standard Youtube License