1.  On March 1, 2018, a firm issued $200,000 of 9% bonds. The bonds are dated 1 January 2018. Interest is paid annually on 12/31. A total of $210,500 in cash was received, including accrued interest. 
2. 
   
3. How many premiums or discounts are associated with these bonds?

Answer rating: 100% (QA)

If the cash received is equal to the face value of the bonds 200000 there are no premiu... View the full answer