How much is the total debenture bonds

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Q1. A 15-year, 8%, P1,000.00 face value bond is currently trading at P958.00. The yield to maturity of this bond must be:

a. less than 8%

b. equal to 8%

c. greater than 8%

d. none of these

Q2. Zing Company had the following long-term debt: Bonds maturing in installments secured by machinery - P1,000,000; Bonds maturing on a single date secured by realty - P1,800,000; Collateral trust bonds - P2,000,000. How much is the total debenture bonds?

Reference no: EM132778691

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