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Business, 10.03.2020 06:59 irwinguevara52

Assume that the following are independent situations recently reported in the Wall Street Journal. 1. General Electric (GE) 7% bonds, maturing January 28, 2018, were issued at 111.40. 2. Boeing 7% bonds, maturing September 24, 2032, were issued at 98.70. Collapse question part (a) Correct answer. Your answer is correct. Were GE and Boeing bonds issued at a premium or a discount? The General Electric bonds were issued at a Entry field with correct answer and the Boeing bonds were issued at a Entry field with correct answer. Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT Attempts: 2 of 3 used Collapse question part (c) Prepare tabular summaries to record the issue of each of these two bonds, assuming each company issued $740,000 of bonds in total. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

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