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Tanya [424]
3 years ago
13

What is a bond? in your own words. economics.​

Business
2 answers:
kari74 [83]3 years ago
4 0

Answer:

A bond is simply a loan taken out by a company. Instead of going to a bank, the company gets the money from investors who buy its bonds. In exchange for the capital, the company pays an interest coupon, which is the annual interest rate paid on a bond expressed as a percentage of the face value.

Explanation:

OlgaM077 [116]3 years ago
4 0

Answer:

A bond is a fixed income Instrument that represents a loan made by investors to a borrower ( typically corporate or governmental).

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Herman Company received proceeds of $188,500 on 10-year, 8% bonds issued on January 1, 2009. The bonds had a face value of $200,
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On January 1, Noonan Company purchases equipment for $100,000. The equipment is expected to have a useful life of 5 years and wi
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$20,000

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Since the cost is allocated equally, the depreciation expense on the purchased equipment will be calculated as:

                                                                 =  <u>Cost of equipment- Scrap value</u>

                                                                        Useful life

                                                                 =  <u>$100,000 - $0</u>

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                                                                = $20,000

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