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

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

Quizplus · Accepted Answer

When debentures are sold at par, it means they are sold at their face value. Therefore, the amount of cash proceeds will be the same as the face value, which is $100 000. Hence, option B is the correct answer.

If Debentures with a Face Value of $100 000 Are