17. On January 01, 2019, IDAMAY KO NA RIN PO SI PAPA CO. issued 10-year bonds with a face amount of P1 million and a stated interest rate of 8% payable annually on January 1. The bonds were priced to yield 10%.The total issue price (rounded to the nearest P100) of the bonds was:

17. On January 01, 2019, IDAMAY KO NA RIN PO SI PAPA CO. issued 10-year bonds with a face amount of P1 million and a stated interest rate of 8% payable annually on January 1. The bonds were priced to yield 10%.The total issue price (rounded to the nearest P100) of the bonds was:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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