q given the below partial bond accretion table


Q. Given the below, partial bond accretion table, what was the market rate of interest when the bond was issued?

 

 

Cash

 

 

Interest

 

Principal

Adjustment

 

Principal

Balance

 

 

 

803.637

60.000

 

 

807.928

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Cost Accounting: q given the below partial bond accretion table
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