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Problem 1: Aye Company is authorized to issue P10,000,000 of 6%, 10-year bonds dated July 1, 2015 with interest payments on June 30 and December 31. When the bonds are issued on November 1, 2015, the entity received cash of P10,300,000. What is the discount or premium from the issuance of the bonds payable?
a. 300,000 bond premium
b. 100,000 bond premium
c. 300,000 bond discount
d. P0
e. None of the choices
What is the PV of a 13-year annuity due (payments at beginning of period, aka annuity in advance) of $922 if the required return is 9.7% Answer to 2 decimal
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Will the imposition of a particular accounting method have implications for the ability of the organization to efficiently provide information
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