The Current Carrying Value of Pierce's $900,000 Face Value Bonds

question 44

Multiple Choice

The current carrying value of Pierce's $900,000 face value bonds is $896,600. If the bonds are retired at 102, what would be the amount Pierce would pay its bondholders?

• A) $896,600
• B) $900,000
• C) $902,000
• D) $918,000

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