Mind Explorers issues bonds with a stated The market rate for this type of be $190,000 1204134 erest rate of 7%, face va
Posted: Fri Jul 01, 2022 8:41 am
Nickel inc. bought $100,000 of 3-yela, 7% bonds as an investment on December 31, 2020 for $107,000. The investment receives inter annisty and Nickel uses straight-line amortization. On May 1, 2021, the laser retired $20,000 of the boods at 118. As a result of the retirem Nickel will report (Do not found intermediate calculations and round your final answer to nearest whole dollar) O $4.000
Keby Industries issued %% bolids, dated Juliusry with a foce value of $120,000 on January 1, 2021 The bonis matul in 2031 no year the usue interest is paid semiannulilly on June 30 and December 31, For bands of kumar risk price of the bonds? EX of $1. PV of $1 EVA LA PVAS EVAD
sly The market rate for this type of bond is Using a financial O $20.590 $200.000