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Accounting > Chapter 14- Long Term Liabilities > Flashcards

Chapter 14- Long Term Liabilities Flashcards

1
Q

How to find present value of principal (bond)??

A

Face value * present value of 1 for 16 periods at 4%

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2
Q

How to find present value of interest?

A

Interest (stated x interest stated x6/12) * present value of annuity for 16 periods at 4% ( percent to be yield)

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Accounting (11 decks)

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