Brislin corporation is issuing 176200 of 8 5-year bonds


Question - Brislin Corporation is issuing $176,200 of 8%, 5-year bonds when potential bond investors want a return of 10%. Interest is payable semiannually.

Compute the market price (present value) of the bonds.

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Accounting Basics: Brislin corporation is issuing 176200 of 8 5-year bonds
Reference No:- TGS02820120

Now Priced at $20 (50% Discount)

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