Business, 19.09.2019 18:20, atenagueroprivate
Plug corporation purchased $100,000 par value bonds of its subsidiary, spark company, on december 31, 20x5, from lemon corporation for $102,800. the 10-year bonds bear a 9 percent coupon rate, and spark originally sold them on january 1, 20x3, to lemon at 95. interest is paid annually on december 31. plug owns 85 percent of the stock of spark.
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Plug corporation purchased $100,000 par value bonds of its subsidiary, spark company, on december 31...
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