xyz-corporation-issues-100000-of-bonds-with-a-stated-rate-of-6-when-the-market-r

Question

XYZ Corporation issues $100,000 of bonds with a stated rate of 6% when the market rate is 4%. If the bonds are issued at 105%, what is the selling price?

Accepted Answer

$105,000

Answer

$110,000

Answer

$100,000

Answer

$95,000

XYZ Corporation issues \$100,000 of bonds with a stated rate of 6% when the market rate is 4%. If the bonds are issued at 105%, what is the selling price?