Question: Please do all of these, thanks Exercise 10-10B Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate Determining
Exercise 10-10B Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate Determining cash receipts from bond issues LO 10-4 ld at a premium or discount: Hett, Inc., issued $400,000 of 8-year, 8 percent bonds at 101. a. b. Holt Co. issued $250,000 of 4-year, 6 percent bonds at 98. Holmes Co. issued $300,000 of 10-year, 7 percent bonds at 102 %. d. c. Hart, Inc., issued $200,000 of 5-year, 6 percent bonds at 97 %. LO 10-3, Exercise 10-11B Stated rate of interest versus the market rate of interest Required Indicate whether a bond will sell at a premium (P), discount (D), or face value (F) for each of the following conditions: a. The stated rate of interest is less than the market rate. b. The market rate of interest is equal to the stated rate. c.--The market rate of interest is less than the stated rate. d. The market rate of interest is higher than the stated rate. e. The stated rate of interest is higher than the market rate
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