BONDS Flashcards
1
Q
INTEREST PAYMENT
A
FACE VALUE X C.R. X # OF MONTHS
2
Q
INTEREST EXPENSE
A
CARRYING VALUE X MR X # OF MONTHS
3
Q
BOND ISSUE VALUE
A
PV PRINCIPAL + PV INTEREST
4
Q
PV PRINCIPAL
A
FACE VALUE X PV FACTOR
5
Q
PV INTEREST
A
INTEREST EXPENSE X PVA FACTOR