A Company Issues 9% Bonds with a Par Value of $100,000

question 179

Multiple Choice

A company issues 9% bonds with a par value of $100,000 at par on April 1.The bonds pay interest semi-annually on January 1 and July 1.The cash paid on July 1 to the bond holder(s) is:

• A)$1,500.
• B)$3,000.
• C)$4,500.
• D)$6,000.
• E)$7,500.

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Definitions:

Alignment Sessions

Meetings or workshops aimed at ensuring all members of a team or project are working towards the same goals and understand their roles.

Alignment

The arrangement of elements in a straight line or in correct relative positions; in business, ensuring consistency with strategic goals.

Key Stakeholders

Individuals or groups with a significant interest or stake in the outcome of a project, initiative, or enterprise.

Initiation Phase

The phase in project management where the project is defined and authorized, including the scope, objectives, and stakeholders involved.