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Make the entry in the daily book of the bond issue

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Reference no: EM133019613

Questions -

Q1. Make a parallel, taking into account both the point of view of investors and corporate executives, where you identify three advantages and three disadvantages of acquiring (investors) and issuing bonds (corporations).

Q2. The company Vinos Andaluces SA, issued bonds on December 31, 2020 with a life period of 4 years, they will mature on December 31, 2024, with an issue interest rate of 12%, a nominal value (face value) of $ 210,000. Interest payments will be made every 6 months, then the first on June 30, 2021 and the last on June 30, 2024.

a) Make the entry in the Daily Book of the bond issue.

b) Make the entry in the Daily Book of the first interest payment.

Reference no: EM133019613

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