What is the issue price of a $102,000, 4%, 10 year bonds of Satelite Inc.,...

70.2K

Verified Solution

Question

Accounting

image

What is the issue price of a $102,000, 4%, 10 year bonds of Satelite Inc., if at issuance time, investments of similar risk and lenght of time offered a return of 6%? O A. $78,601.36 O B. $86,985.42 O c. $118,546.23 OD. $100,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students