On July 1, 2019, Roberts AG issued 3,000,000 of 9% bonds payable in 20 years. The bonds

Question:

On July 1, 2019, Roberts AG issued €3,000,000 of 9% bonds payable in 20 years. The bonds include warrants giving the bondholder the right to purchase for €30 one ordinary share of €1 at any time during the next 10 years. The bonds were sold for €3,000,000. The of the debt at the time of issuance was €2,900,000. Prepare the journal entry to record this transaction.
Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...