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Premium on Bonds
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Problem 10
Premium on Bonds
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11. Long Term Liabilities / Premium on Bonds / Problem 8
Problem 8
If a bond with a face value of \$100,000 is issued at a 10% stated interest rate, payable semiannually, what is the cash interest payment?
A
\$10,000
B
\$7,500
C
\$2,500
D
\$5,000
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