Multiple Choice
The current carrying value of Pierce's $1,800,000 face value bonds is $1,793,200.If the bonds are retired at 102, what would be the amount Pierce would pay its bondholders?
A) $1,793,200
B) $1,800,000
C) $1,804,000
D) $1,836,000
Correct Answer:
Verified
Correct Answer:
Verified
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