微信扫一扫
实时资讯全掌握
| C5- 1.
A company purchases a 4.72% loan with a par value of $1,000,000 on 1.1.X1. The principal amount is $1,250,000. Annual interest payments are payable on 31 December. The loan will be redeemed on 31.12.20X5 at par. The effective interest rate on the bond has been calculated at 10%. Required Show the profit or loss impact and carrying value of the bond for each of the years of the bond's life. (20X1 – 20X5). |