Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Donaldson Company issued $5,000 of 10-year bonds paying 10% annual interest. The curr (https://www.askmehelpdesk.com/showthread.php?t=604389)

  • Oct 16, 2011, 05:20 PM
    LaJuana
    Donaldson Company issued $5,000 of 10-year bonds paying 10% annual interest. The curr
    Donaldson Company issued $5,000 of 10-year bonds paying 10% annual interest. The current market rate of interest on comparable issues is 12%. What is the issue price of the bonds?

    • All times are GMT -7. The time now is 12:20 PM.