calculate-the-interest-expense-for-a-bond-with-a-carrying-value-of-95000-and-a-m

Question

Calculate the interest expense for a bond with a carrying value of $95,000 and a market interest rate of 8% for a semiannual period.

Accepted Answer

$3,800

Answer

$4,000

Answer

$3,600

Answer

$7,600

Calculate the interest expense for a bond with a carrying value of \$95,000 and a market interest rate of 8% for a semiannual period.