Accounting for Bonds using Amortized Cost Measurement Based on the Historical Market Interest RateO’Brien Company points $eight,000,000 face worth, eight% semiannual coupon bonds maturing in 20 years. The market initially costs these bonds to yield 10% compounded semiannually. O’Brien Company accounts for these bonds using amortized price measurement based mostly on the historic market rate of interest.See the Current and Future Worth Tables from the Appendix for Help in fixing this merchandise. Spherical your ultimate solutions to the nearest greenback.a.) The difficulty worth of those bonds is $6,627,309b.) The curiosity expense on these bonds for the firstsix months is $331,365c.) The curiosity expense on these bonds for the secondsix months is $331,934d.) The carrying worth at the finish of the secondsix-month interval is $6,650,608e.) Use current worth computations to confirm the carrying worth of the bonds at the finish of the second six-month interval as computed partially d. ???

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