A company issues a 5-year 4 coupon bond with a face value
A company issues a 5-year, 4% coupon bond with a face value of $100,000. The effective market interest rate at the time of issuance is 2%. What are the proceeds from issuing the bond?
$128,414
$100,000
$109,471
$109,427
$83,778
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on 63012 a company recorded a journal entry for the coupon payment on its bond as part of the journal entry the company
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