Question: AMC Limited issues five-year, 5% bonds for their par value of $830,000 on January 1 20X1. Interest is paid annually. The bonds are convertible to

AMC Limited issues five-year, 5% bonds for their par value of $830,000 on January 1 20X1. Interest is paid annually. The bonds are convertible to common shares at the rate of 50 common shares for every $1000 bond.

dollar. Round time value factor to 5 decimal places Journal entry worksheet ^ A 10ENG 03-11-2018 Type here to search

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