Business, 15.01.2020 23:31 hobbs4ever1
On january 1, 2017, aumont company sold 12% bonds having a maturity value of $500,000 for $537,907.37, which provides the bondholders with a 10% yield. the bonds are dated january 1, 2017, and mature january 1, 2022, with interest payable december 31 of each year. aumont company allocates interest and unamortized discount or premium on the effective-interest basis.
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What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit
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On january 1, 2017, aumont company sold 12% bonds having a maturity value of $500,000 for $537,907.3...
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