The carrying value of a bond immediately after the bond was issued was $225,000.The bond price was 96.The face value of the bond was: (Round your final answer to the nearest dollar. )
A)$216,000.
B)$225,000.
C)$234,000.
D)$234,375.

Name: The carrying value of a bond immediately after the bond was issued was $225,000.The bond price was 96.The face value of the bond was: (Round your final answer to the nearest dollar. ) A)$216,000. B)$225,000. C)$234,000. D)$234,375.
Brand: Quizplus
Rating: 4.7 (26 reviews)

Question

Quizplus · Accepted Answer

$225,000 ÷ 0.96 = $234,375

The Carrying Value of a Bond Immediately After the Bond