Bond Equation

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» Bond Equation

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Feb 1, 2008, 02:22 PM

jamesr50

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Bond Equation

Bonds with a face value of $150,00,000,coupon rate of 10% and a market rate of 8% that mature in 10 years. The bonds are issued July 1, 2005. What are the journal entries as of 7/1/05 and 12/31/05?

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