This paper circulates around the core theme of On July 1, 2013, Zheng Co. issued 1,000 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, 2013 and mature onApril 1, 2023. Interest is payable semiannually on April 1 and October 1. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
On July 1, 2013, Zheng Co. issued 1,000 of its 10%, $1,000 bonds at 99
plus accrued interest. The bonds are dated April 1, 2013 and mature
onApril 1, 2023. Interest is payable semiannually on April 1 and October
1. What amount did Spear receive from the bond issuance?