This paper circulates around the core theme of What amount did Spear receive from the bond issuance? 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?
