Question: show all working Use the following information for problems #4-6: Hashtag Company issues a bond valuing $1,215,000, with interest of 9% paid annually, and matures
show all working
Use the following information for problems #4-6: Hashtag Company issues a bond valuing $1,215,000, with interest of 9% paid annually, and matures in 5 years. At the time of issue, the market rate for such bonds is 11 percent 4 Calculate the Present Value of the bond. 5) Record the journal entry on Juniper's books for issuance of the bonds on January 1". 6] Record the journal on Juniper's books for accrual of interest on December 31
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