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Held-to-Maturity (HTM) Securities

7. Receivables and Investments / Held-to-Maturity (HTM) Securities / 문제 1

문제 1

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?

A

\$110,000

B

\$100,000

C

\$95,000

D

\$105,000