Answered: A bond with a face value of $500000 and…

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Accounting

A bond with a face value of $500000 and a quoted price of 102.125 has a selling price of

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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Multiple Choice Question 65

A bond with a face value of $500000 and a quoted price of 102.125 has a selling price of

$500563.

$600563.

$510625.

$510063.

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