McDonald Sales Prepared a Bond Issue of $20,000 Dated January

question 115

Multiple Choice

McDonald Sales prepared a bond issue of $20,000 dated January 1,2013.The bonds have a stated rate of 3% and a term of 6 years.The bond issue was delayed,and the bonds were finally sold on March 1,2013 at par.On June 30,2013,the first semiannual interest payment is made.How much will be paid out to bondholders on June 30,2013?

• A) $100
• B) $200
• C) $300
• D) $600

---

Definitions:

Middle Piece

A section of a sperm cell located between the head, which contains the DNA, and the tail, which facilitates movement.

ATP-Producing

Pertaining to the process of generating adenosine triphosphate (ATP), the primary energy carrier in biological systems, mainly occurring in mitochondria.

Mitochondria

Organelles in eukaryotic cells that produce energy through cellular respiration, often referred to as the powerhouses of the cell.

FSH and LH

Follicle-stimulating hormone (FSH) and luteinizing hormone (LH) are important hormones in the regulation of the reproductive processes, including gamete production and hormonal control.