Pretzelmania, Inc., issues a 7%, 10-year bonds with a face amount of $58,000 for $64,314 on January 1, 2012. The...

profilebangee
Pretzelmania, Inc., issues a 7%, 10-year bonds with a face amount of $58,000 for $64,314 on January 1, 2012. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually on June 30 and December 31. Record the bond issue.
    • 8 years ago
    • 999999.99
    Answer(0)
    Bids(0)