Question: ***please explain why each one is correct Question 17 Choose all of the following that are true for a bond issued with 6 years until

***please explain why each one is correct Question 17 Choose all of***please explain why each one is correct

Question 17 Choose all of the following that are true for a bond issued with 6 years until maturity, a principal of $1000, a coupon of 5% and a current yield of 6% (most answers with numbers are rounded) Complete 0.50 points out of 1.00 a. Its current price will be about $1051 Remove flag b. the cash received by the issuing company and recorded on the balance sheet at the time of issue would be about $951 c. the discount recorded at the time of issue would be about $45 d. at the end of the first year the issuer would record an interest expense of about $57 at the end of the second year the issuer would amortize about $7.47 of the discount f. by maturity, the discount will have been completely amortized so that the carrying value of the bond will equal the principal amount in the bonds payable Your answer is partially correct. You have selected too many options

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