When the market rate of interest was 12%, Halprin Corporation issued $702,000, 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. O a. $701,997 Ob. $4,161,435 Oc. $662,333 Od. $3,991,317
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- Beluga Inc. issued 10-year bonds with a face value of $100,000 and a stated rate of 3% when the market rate was 4%. Interest was paid annually. The bonds were sold at 87.5. What was the sales price of the bonds? Were they issued at a discount, a premium, or at par?Krystian Inc. issued 10-year bonds with a face value of $100,000 and a stated rate of 4% when the market rate was 6%. Interest was paid semi-annually. Calculate and explain the timing of the cash flows the purchaser of the bonds (the investor) will receive throughout the bond term. Would an investor be willing to pay more or less than face value for this bond?OShea Inc. issued bonds at a face value of $100,000, a rate of 6%, and a 5-year term for $98,000. From this information, we know that the market rate of interest was ________. A. more than 6% B. less than 6% C. equal to 6% D. cannot be determined from the information given.
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- Irving Inc. sold bonds with a $50,000, 10% interest, and 10-year term at $52,000. What is the total amount of interest expense over the life of the bonds?When the market rate of interest was 12%, Halprin Corporation issued $701,000, 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. $3,985,631 Ob. $4,155,507 O c. $700,997 O d. $661,389When 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 Next > 3:27 PM earch 53°F Sunny a. 12/14/2021 114 144 pause 1 shift alt ctrl USE YOUR SMARTPHONE FOR Revlews Videos Features