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10
How is the Carrying Value of a bond at a Discount found? What is the Carrying value given the following?
Given:
Par value = 1,000,000
Discount (unamortized): 73,595
Given:
Par value = 1,000,000
Discount (unamortized): 73,595
FV - Unamortized discount = Carrying Value at a Discount
1,000,000 - 73,595 = 926,405
1,000,000 - 73,595 = 926,405
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Flashcard info:
Author: savhighsmith
Main topic: Accounting
Topic: General
School / Univ.: UGA
City: Athens
Published: 01.05.2010