Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2018. LPC's accountant has projected the following amortization schedule from issuance until maturity:
- LPC issued the bonds:
A) At par.
B) At a premium.
C) At a discount.
D) Cannot be determined from the given information.

Question

Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2018. LPC's accountant has projected the following amortization schedule from issuance until maturity: 
- LPC issued the bonds:
A) At par. 
B) At a premium. 
C) At a discount. 
D) Cannot be determined from the given information.

Quizplus · Accepted Answer

The Answer of Lopez Plastics Co. (LPC) issued callable bonds on January 1, 2018. LPC's accountant has projected the following amortization schedule from issuance until maturity: 
- LPC issued the bonds:
A) At par. 
B) At a premium. 
C) At a discount. 
D) Cannot be determined from the given information.