Mathematics
Mathematics, 28.10.2019 22:31, imoreno8412

On january 2, year 1, parker co. issued 6% bonds with a face value of $400,000 when the market interest rate was 8%. the bonds are due in ten years, and interest is payable every june 30 and december 31. parker does not elect the fair value option for reporting its financial liabilities. use the following present value and present value annuity tables to calculate the selling price of the bond on january 2, year 1. round your final answer to the nearest dollar.

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On january 2, year 1, parker co. issued 6% bonds with a face value of $400,000 when the market inter...

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