expand icon
book Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver cover

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339
book Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver cover

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339
تمرين 56
Calculating the value of bonds when stated rate and market rate are different
Interest rates determine the present value of future amounts.
Requirements
1. Determine the present value of seven-year bonds payable with maturity value of $83,000 and stated interest rate of 12%, paid semiannually. The market rate of interest is 12% at issuance.
2. Same bonds payable as in Requirement 1, but the market interest rate is 14%.
3. Same bonds payable as in Requirement 1, but the market interest rate is 10%.
التوضيح
موثّق
like image
like image

1. This exercise requires application of...

close menu
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
cross icon