If debentures with a face value of $100 000 are sold at par, the amount of cash proceeds is:
A)$88 000.
B)$99 912.
C)$100 000.
D)$108 800.

Name: If debentures with a face value of $100 000 are sold at par, the amount of cash proceeds is: A)$88 000. B)$99 912. C)$100 000. D)$108 800.
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Question

Quizplus · Accepted Answer

When debentures are sold at par, they are sold at their face value, which means the cash proceeds will be equal to the face value of $100,000.

If Debentures with a Face Value of $100 000 Are