How much did the bonds sell, Accounting Basics

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How much did the bonds sell

Akers company sold bonds on july 1, 2008 with a face value of 100,000. these bonds are due in 10 years. stated annual interest rate is 6 % per year, payable semiannually on June 30 and december 31. these bonds were sold to yield 8%. How much did these bonds sell for on July 1, 2008?

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Accounting Basics: How much did the bonds sell

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Accounting Basics: How much did the bonds sell

Reference No:- TGS087849

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Recent Questions Asked Accounting Basics

Q : At what price will your bond be sold-annual compounding

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Q : Which membrane transport process was used in above scenerio

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How much did the bonds sell

Reference No:- TGS087849

Recent Questions Asked Accounting Basics

Q : At what price will your bond be sold-annual compounding

Q : You may select any topic involving fraud examination

Q : Which membrane transport process was used in above scenerio

Q : Draw the aon network for developed tasks and durations

Q : How much did the bonds sell

Q : Prepare the following journal entries

Q : What are five opportunities for companies in specialty

Q : Distinguishing feature in the mechanisms of rna synthesis

Q : Dte for identification purposes

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