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1 Oct 2019

Which of the following is the amount that bond issuer must pay back to the bondholders at​ maturity?

 

  1. Interest amount

  2. Principal amount

  3. Dividend

  4. None of the above.

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Collen Von
Collen VonLv2
27 Jan 2019
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Related questions

The entity that promises to make the interest and maturity payments for a bond issue is called the

a. Shareholder

b. Issuer

c. Investor

d. None of the above

 

 

At the maturity of a note​ payable, a borrower will pay​ ________.

 

  1. The principal plus interest

  2. The principal minus interest

  3. The interest amount only

  4. The principal amount only

Singletary Inc issued $400,000 of 8.5% bonds payable on July 1,2001 at 98.5%. The bonds have a call price of 102. The bonds termto maturity is 15 years. On Dec 31, 2006, Singletary redeemed thebonds.

a. compute the carryiing amount of the bonds payable at Dec 31,2006

b. the amount Singletary will pay the bondholders for the bonds.Singletary uses the straightline method to amortize bond premiumsand discounts.

Please provide steps so I can understand how to do this type ofproblem.

Thanks so much!!!

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