A Company Issued Five-Year,7% Bonds with a Par Value of $100,000.The

question 129

Multiple Choice

A company issued five-year,7% bonds with a par value of $100,000.The company received $97,947 for the bonds.Using the straight-line method,the amount of interest expense for the first semiannual interest period is:

• A)$3,294.70
• B)$3,500.00
• C)$3,705.30
• D)$7,000.00
• E)$7,410.60

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Definitions:

Meso Compound

A type of stereochemical configuration in compounds with multiple chiral centers that has an internal plane of symmetry, making it achiral despite having stereocenters.

Molecule

The smallest particle of a chemical substance that can exist independently while retaining the composition and chemical properties of the substance.

Optically Active

A characteristic of a compound that has the ability to rotate the plane of polarized light, indicating chirality.

Enantiomers

Stereoisomers that are mirror images of each other and cannot be superimposed, significantly affecting the properties and biological activity of molecules.