masterblaster67
Dec 2, 2012, 08:53 PM
Red & Blue Company sold bonds at 97 on an interest payment date for $500,000. Assuming the bonds will be retired in 10 years and interest is paid annually. The bonds carry a stated interest rate of 5 percent.
View Full Version : Red & Blue Company sold bonds at 97 on an interest payment date for $500,000. Assumi