Why the total interest expense recorded on june 30, Accounting Basics

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Why the total interest expense recorded on june 30

On July 1, 2010 a semi-annual $800,000 5 year bond with contractual (or coupon) rate of 10% had a Net book value of $704,171. The bond had been issued at a discount rate of 16% and matures on December 31, 2012. The total interest expense recorded on June 30, 2011 (rounded) would be:

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Accounting Basics: Why the total interest expense recorded on june 30

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Accounting Basics: Why the total interest expense recorded on june 30

Reference No:- TGS0679317

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

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Ask an Expert for Answer!!

Accounting Basics: Why the total interest expense recorded on june 30

Reference No:- TGS0679317

Recent Questions Asked Accounting Basics

Q : Prepare a flexible budget for that level of activity

Q : Compute the avoidable interest on laserwords

Q : What is the amount of new shares that must be issued

Q : The key-person life insurance policy covering rockets

Q : Why the total interest expense recorded on june 30

Q : The cost of mineral rights

Q : What is the price per share for given dividend growth rate

Q : What is the balance of accumulated depreciation-equipment

Q : How many units should be shipped

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