Question: 10. By examining the table below, state whether the firm issued a discount, par or premium bond in 2020? Why do you think so? Note

 10. By examining the table below, state whether the firm issued

10. By examining the table below, state whether the firm issued a discount, par or premium bond in 2020? Why do you think so? Note 6 - DEBT As of December 31, 2020, we had $32.2 billion of unsecured senior notes outstanding (the "Notes"), including $10.0 billion issued in June 2020 for general corporate purposes. We also have other long-term debt and borrowings under our edit facility of $1.6 billion and $924 million as of December 31, 2019 and 2020. Our total long-term debt obligations are as follows (in millions): Maturities (1) Stated Interest Rates Effective Interest Rates 2012 Notes issuance of 53.0 billion 2014 Notes issuance of $6.0 billion 2017 Notes issuance of $17.0 billion 2020 Notes issuance of $10.0 billion Credit Facility Other long-term debt Total face value of long-term debt 2022 2.50% 2.66% 2021 - 2044 3.30% - 4.95% 3.43% - 5.11% 2023 - 2057 2.40% - 5.20% 2.56% - 4.33% 2023 - 2060 0.40% - 2.70% 0.56% - 2.77% December 31, 2019 December 31, 2020 1,250 1,250 5,000 5,000 17,000 16,000 10,000 740 338 830 24,820 33,174 586

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!