Spongebob Corporation issued $700,000, 10%, 23 year bonds on December 31, 2018, when the market...
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Spongebob Corporation issued $700,000, 10%, 23 year bonds on December 31, 2018, when the market rate of interest was 12%. The bonds pay interest semi-annually each June 30 and December 31. Using your present value tables, compute the price of the bond. Round to the nearest whole dollar. exact number, no tolerance Spongebob Corporation issued $700,000, 10%, 23 year bonds on December 31, 2018, when the market rate of interest was 12%. The bonds pay interest semi-annually each June 30 and December 31. Was this bond issued at a premium or discount? Type in 1 for discount or 2 for premium. exact number, no tolerance Spongebob Corporation issued $700,000, 10%, 23 year bonds on December 31, 2018, when the market rate of interest was 12%. The bonds pay interest semi-annually each June 30 and December 31. What was the dollar amount of the premium or discount? exact number, no tolerance



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