Business, 18.12.2019 04:31 alayciaruffin076

Acompany issues $15,000,000, 7.8%, 20-year bonds to yield 8% on january 1, 2011. interest is paid on june 30 and december 31. the proceeds from the bonds are $14,703,109.

using straight-line amortization, what is the carrying value of the bonds on december 31, 2013?

a. $14,752,673

b. $14,955,466

c. $14,725,375

d. $14,747,642

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Acompany issues $15,000,000, 7.8%, 20-year bonds to yield 8% on january 1, 2011. interest is paid on...

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