Solution-Calculate the bond issue price

Calculate the bond issue price

Reference no: EM132574591

Question - Ivanhoe Company issued $832,000 of 7%, 7-year bonds on January 1, 2021. The bonds pay interest annually. Assuming the market interest rate on January 1, 2021, was 8%, calculate the bond's issue price.

Reference no: EM132574591

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Calculate the bond issue price

Reference no: EM132574591

Reference no: EM132574591

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