On June 30, 2021, Singleton Computers issued 7% stated rate bonds with a face amount of $200 million. The bonds mature on June 30, 2036 (15 years). The market rate of interest for similar bond issues was 6% (3.0% semiannual rate). Interest is paid semiannually (3.5%) on June 30 and December 31, beginning on December 31, 2021.
Required:
a. Determine the price of the bonds on June 30, 2021.
b. Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method.
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Ответ:
b
Explanation:
b becuase you want to calculate the reports of how much percent
Ответ:
D. All of the above
Explanation:
Economic policies are the policies athat are out in place by the government in order to control economic activities.
These policies are used to reduce inflation, provide employment opportunities, increase standard of living, encourage economic growth etc.
If the government and Central Bank don't use economic policy, that s cs lead to inflation, increase in unemployment and fall in the GDP.
Therefore, the answer is option D