A company has a 2000000 par value 6 10 year bond which sold


Question - A company has a $2,000,000 par value, 6% 10 year bond which sold to another company to yield 5% to the latter company. How much is the sell price?

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Accounting Basics: A company has a 2000000 par value 6 10 year bond which sold
Reference No:- TGS02379619

Now Priced at $20 (50% Discount)

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