Your Company issued a $2,000,000 face value bond on January 1,2021 . The 20 -year...
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Your Company issued a $2,000,000 face value bond on January 1,2021 . The 20 -year term bond was issued at 102 and had a 2.8% stated rate of interest that is payable semiannually on June 30 and December 31 st of each year. What is the carrying value of the bond after the third interest payment is made? $2,034,000 $2,000,000 $1,963,000 $2,037,000 $1,966,000
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