ACCT 221 help A Guide to career/Snaptutorial ACCT 221 help A Guide to career/Snaptutorial | Page 17

(q)
Identify any nonfinancial factors that should be considered
before commencing your business venture.
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ACCT 221 Week 8 HomeWork
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District Water Company issued 10-year bonds with a face value of
$100,000 and a stated interest rate of 8.0%.
The bonds are dated April 1, 2016, and call for semiannual interest
payments on each April 1 and October 1.
Due to market fluctuations, the bonds actually sold to yield 10.0% per
year.
1. Compute the amount received for the bonds.