Compute the cash proceeds from bond issues for Incorporation P issued $400,000 of 10 year, 8 percent bonds at 103. Indicate whether the bonds sold at a premium or discount.

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Answer 1

Question

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation P issued $400,000 of 10 year, 8 percent bonds at 103. Indicate whether the bonds sold at a premium or discount.

b.

To determine

Compute the cash proceeds from bond issues for Incorporation A issued $200,000 of 5 year, 12 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

c.

To determine

Compute the cash proceeds from bond issues for Company C issued $100,000 of 5 year, 6 percent bonds at 102.5. Indicate whether the bonds sold at a premium or discount.

d.

To determine

Compute the cash proceeds from bond issues for Incorporation G issued $120,000 of 4 year, 8 percent bonds at 96. Indicate whether the bonds sold at a premium or discount.

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Answer 2

Question

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation P issued $400,000 of 10 year, 8 percent bonds at 103. Indicate whether the bonds sold at a premium or discount.

b.

To determine

Compute the cash proceeds from bond issues for Incorporation A issued $200,000 of 5 year, 12 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

c.

To determine

Compute the cash proceeds from bond issues for Company C issued $100,000 of 5 year, 6 percent bonds at 102.5. Indicate whether the bonds sold at a premium or discount.

d.

To determine

Compute the cash proceeds from bond issues for Incorporation G issued $120,000 of 4 year, 8 percent bonds at 96. Indicate whether the bonds sold at a premium or discount.

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Answer 3

Question

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation P issued $400,000 of 10 year, 8 percent bonds at 103. Indicate whether the bonds sold at a premium or discount.

b.

To determine

Compute the cash proceeds from bond issues for Incorporation A issued $200,000 of 5 year, 12 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

c.

To determine

Compute the cash proceeds from bond issues for Company C issued $100,000 of 5 year, 6 percent bonds at 102.5. Indicate whether the bonds sold at a premium or discount.

d.

To determine

Compute the cash proceeds from bond issues for Incorporation G issued $120,000 of 4 year, 8 percent bonds at 96. Indicate whether the bonds sold at a premium or discount.

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Answer 4

Question

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation P issued $400,000 of 10 year, 8 percent bonds at 103. Indicate whether the bonds sold at a premium or discount.

b.

To determine

Compute the cash proceeds from bond issues for Incorporation A issued $200,000 of 5 year, 12 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

c.

To determine

Compute the cash proceeds from bond issues for Company C issued $100,000 of 5 year, 6 percent bonds at 102.5. Indicate whether the bonds sold at a premium or discount.

d.

To determine

Compute the cash proceeds from bond issues for Incorporation G issued $120,000 of 4 year, 8 percent bonds at 96. Indicate whether the bonds sold at a premium or discount.

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Answer 5

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation P issued $400,000 of 10 year, 8 percent bonds at 103. Indicate whether the bonds sold at a premium or discount.

b.

To determine

Compute the cash proceeds from bond issues for Incorporation A issued $200,000 of 5 year, 12 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

c.

To determine

Compute the cash proceeds from bond issues for Company C issued $100,000 of 5 year, 6 percent bonds at 102.5. Indicate whether the bonds sold at a premium or discount.

d.

To determine

Compute the cash proceeds from bond issues for Incorporation G issued $120,000 of 4 year, 8 percent bonds at 96. Indicate whether the bonds sold at a premium or discount.

Answer 6

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation P issued $400,000 of 10 year, 8 percent bonds at 103. Indicate whether the bonds sold at a premium or discount.

Answer 7

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation P issued $400,000 of 10 year, 8 percent bonds at 103. Indicate whether the bonds sold at a premium or discount.

Answer 8

b.

To determine

Compute the cash proceeds from bond issues for Incorporation A issued $200,000 of 5 year, 12 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

Answer 9

b.

To determine

Compute the cash proceeds from bond issues for Incorporation A issued $200,000 of 5 year, 12 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

Answer 10

c.

To determine

Compute the cash proceeds from bond issues for Company C issued $100,000 of 5 year, 6 percent bonds at 102.5. Indicate whether the bonds sold at a premium or discount.

Answer 11

c.

To determine

Compute the cash proceeds from bond issues for Company C issued $100,000 of 5 year, 6 percent bonds at 102.5. Indicate whether the bonds sold at a premium or discount.

Answer 12

d.

To determine

Compute the cash proceeds from bond issues for Incorporation G issued $120,000 of 4 year, 8 percent bonds at 96. Indicate whether the bonds sold at a premium or discount.

Answer 13

d.

To determine

Compute the cash proceeds from bond issues for Incorporation G issued $120,000 of 4 year, 8 percent bonds at 96. Indicate whether the bonds sold at a premium or discount.

Answer 14

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Answer 15

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Answer 16

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Answer 17

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Compute the cash proceeds from bond issues for Incorporation P issued $400,000 of 10 year, 8 percent bonds at 103. Indicate whether the bonds sold at a premium or discount.

Compute the cash proceeds from bond issues for Incorporation P issued $400,000 of 10 year, 8 percent bonds at 103. Indicate whether the bonds sold at a premium or discount.

Compute the cash proceeds from bond issues for Incorporation A issued $200,000 of 5 year, 12 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

Compute the cash proceeds from bond issues for Company C issued $100,000 of 5 year, 6 percent bonds at 102.5. Indicate whether the bonds sold at a premium or discount.

Compute the cash proceeds from bond issues for Incorporation G issued $120,000 of 4 year, 8 percent bonds at 96. Indicate whether the bonds sold at a premium or discount.

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