Question: pls help with these 2 questions A bond with a face value of $300,000 and a quoted price of 97 has a selling price of
pls help with these 2 questions

A bond with a face value of $300,000 and a quoted price of 97 has a selling price of A. $291,000 B. $300,097 C. \$309,278 D. $300,000 Holder Company issued $400,000,6%, eight-year bonds for 111 , with interest paid annually. Assuming straight-line amortization, what is the carrying value of the bonds after one year? A. $449,500 B. $441,250 C. $438,500 D. $444,000
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
