Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2021. LPC's accountant has projected the following amortiza

Post by **answerhappygod** » Fri Jul 01, 2022 8:37 am

: Lopez Plastics Co Lpc Issued Callable Bonds On January 1 2021 Lpc S Accountant Has Projected The Following Amortiza 1 (18.09 KiB) Viewed 27 times

: Lopez Plastics Co Lpc Issued Callable Bonds On January 1 2021 Lpc S Accountant Has Projected The Following Amortiza 2 (20.84 KiB) Viewed 27 times

: Lopez Plastics Co Lpc Issued Callable Bonds On January 1 2021 Lpc S Accountant Has Projected The Following Amortiza 3 (20.84 KiB) Viewed 27 times

: Lopez Plastics Co Lpc Issued Callable Bonds On January 1 2021 Lpc S Accountant Has Projected The Following Amortiza 4 (23.41 KiB) Viewed 27 times

: Lopez Plastics Co Lpc Issued Callable Bonds On January 1 2021 Lpc S Accountant Has Projected The Following Amortiza 5 (23.41 KiB) Viewed 27 times

: Lopez Plastics Co Lpc Issued Callable Bonds On January 1 2021 Lpc S Accountant Has Projected The Following Amortiza 6 (20.13 KiB) Viewed 27 times

Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2021. LPC's accountant has projected the following amortization schedule from issuance until maturity Date 1/1/2021 6/30/2021 12/31/2021 6/30/2022 12/31/2022 6/30/2023 12/31/2023 6/30/2024 12/31/2024 Cash interest $7,000 7,000 7,000 7,000 LPC issued the bonds 7,000 7,000 7,000 7,000 Effective interest $6,211 6,187 6,163 6,137 6,112 6,085 6,057 6,029 Decrease in balance $789 813 837 863 888 915 943 971 Outstanding balance $207,020 206,230 205,417 204,580 203,717 202,829 201,913 200,971 200,000

Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2021. LPC's accountant has projected the following amortization schedule from issuance until maturity Date 1/1/2021 6/30/2021 12/31/2021 6/30/2022 12/31/2022 6/30/2023 12/31/2023 6/30/2024 12/31/2024 Cash interest. $7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 LPC issued the bonds: Effective interesti $6,211 6,187 6,163 6,137 6,112 6,085 6,057 6,029 Decrease in balance: $789 813 837 863 888 915 943 971 Outstanding balance $207,020 206,230 205,417 204,580 203,717 202,829 201,913 200,971 200,000

Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2021 LPC's accountant has projected the following amortization schedule from issuance until maturity Date 1/1/2021 6/30/2021 12/31/2021 6/30/2022 12/31/2022 6/30/2023 12/31/2023 6/30/2024 12/31/2024 Cash interest LPC issued the bonds: $7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 Effective interest $6,211 6,187 6,163 6,137 6,112 6,085 6,857 6,029 Decrease in balance $789 813 837 863 888 915 943 971 Outstanding balance. $207,020 206,230 205,417 204,580 203,717 202,829 201,913 200,971 200,000

Multiple Choice O At par. At a premium. At a discount. Cannot be determined from the given information.