What price would the second investor pay the first investor

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On January 1, 2022, Brandy Company issued a P 100,000, 9%, four year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued at P 96,768 to yield an annual return of 10%.

Question 1: Prepare the amortization schedule

Question 2: Prepare the Journal entries

Question 3: Assuming the market rate is still at 10%, what price would the second investor pay the first investor on June 30, 2024, for P 10,000 of the bonds?

Reference no: EM132815578

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