재무회계 Ch11 과제

Problem 11-18.

Answer

(a)

Initial Price of bond : Present value of bond’s cashflow

\(=\;\sum_{i=1}^{10}\frac{5000}{(1.04)^i}+\frac{100000}{(1.04)^{10}}=108111\)

Therefore, it is 108,111$

(b)

Problem 11-19.

Answer

(a)

Initial Price of bond : Present value of bond’s cashflow

\(=\;\sum_{i=1}^{6}\frac{4000}{(1.05)^i}+\frac{100000}{(1.05)^{6}}=94925\)

Therefore, it is 94,025$

(b)

(c)

January 2

debit : Cash 94925

credit : Bonds payable 94925

June 30

debit : interest expense 4746

credit : Cash 4000 / Bonds payable 746

December 31

debit : interest expense 4746

credit : Cash 4000 / Bonds payable 746

Exhibit 11.2