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What is the interest expense of this bond for the year

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Question - Ruohua Co. issued a $10,000, 8%, 3-year bond on January 1, 2019. The market interest rate was 10%. What is the interest expense of this bond for the year 2019?

Reference no: EM133080277

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What is the interest expense of this bond for the year : Ruohua Co. issued a $10,000, 8%, 3-year bond on January 1, 2019. The market interest rate was 10%. What is the interest expense of this bond for the year 2019
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