A company issued a 10-year Rp500 million bond that pays annual coupon 10% and records the bond payable at amortized cost. If the required yield is j1 9% p.a., calculate the bond premium/discount amortization for the first year. O A. Rp2.211.426,7 O B. Rp2.112.054 O C Rp2.302.138,9 O D. Rp2.509.331,4

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Please solve max please in 15-22 minutes and no reject thank u. Im needed please no reject 

A company issued a 10-year Rp500 million bond that pays annual coupon 10% and records the bond payable at amortized cost. If the
required yield is j1 9% p.a., calculate the bond premium/discount amortization for the first year.
O A. Rp2.211.426,7
O B. Rp2.112.054
O C. Rp2.302.138,9
O D. Rp2.509.331,4
Transcribed Image Text:A company issued a 10-year Rp500 million bond that pays annual coupon 10% and records the bond payable at amortized cost. If the required yield is j1 9% p.a., calculate the bond premium/discount amortization for the first year. O A. Rp2.211.426,7 O B. Rp2.112.054 O C. Rp2.302.138,9 O D. Rp2.509.331,4
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education