Examlex

Solved

A Bond Issue with a $100,000 Par Value,an 8% Annual

question 142

True/False

A bond issue with a $100,000 par value,an 8% annual contract rate,with interest payable semiannually and a 10-year life means that the issuer must repay $100,000 at the end of 10 years plus make 20 payments of $4,000.


Definitions:

Related Questions