On 2018-01-01, ABC issued 6% bonds, with a face amount of $20000. The bonds mature on 2021-01-01. The effective interest
Posted: Tue Jul 05, 2022 1:36 pm
- On 2018 01 01 Abc Issued 6 Bonds With A Face Amount Of 20000 The Bonds Mature On 2021 01 01 The Effective Interest 1 (49.46 KiB) Viewed 4 times
On 2018-01-01, ABC issued 6% bonds, with a face amount of $20000. The bonds mature on 2021-01-01. The effective interest rate for similar bonds is 5%. . Interest is paid semiannually on Jan and Jul. The price of the bond was: Answer: