Business, 28.11.2019 07:31 princessroyal

Knowledge check 01 zeta corporation issues $100,000 of 8% bonds maturing in 10 years on january 1, year 1, when the market rate of interest is 9%. the bonds were issued at a discount, market interest rates drop to 7% by december 31, year 1. the company retires these bonds on december 31, year 1. how much did it cost the company to retire them? multiple choice $106,595 $100,000 o oo $93,496

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Knowledge check 01 zeta corporation issues $100,000 of 8% bonds maturing in 10 years on january 1, y...