PLEASE DO THE SOLUTIONS MANUALLY. NOT THRU EXCEL. OTHERWISE DOWNVOTE.PLEASE SKIP THIS IF YOU ALREADY DID THIS OTHERWISE, DOWNVOTE.I WILL UPVOTE IF YOU FOLLOW MY INSTRUCTIONS Problem 1. Mala Inse Corporation is contemplating to buy P2,000,000 par value bonds at an effective rate often percent. P195,000 interest is receivable every end of six months for five years.Determine the buying price of the bond.Problem 2. Refer to problem number one. If Mala Inse Corp. sells the bonds after holding it for two years, howmuch should Mala Inse sell the bonds at P5,000 above the said bond price?Solution:ANSWER ONLYPROBLEM 2

Explanation of Concept Bond is that debt instrument which is used by the organization to finance…

Problem 1. Mala Inse Corporation is contemplating to buy P2,000,000 par value bonds at an effective rate en percent. P195,000 interest is receivable every end of six months for five years. Determine the buying price of the bond. Problem 2. Refer to problem number one. If Mala Inse Corp. sells the bonds after holding it for two years, how much should Mala Inse sell the bonds at P5,000 above the said bond price? Solution:

Problem 1. Mala Inse Corporation is contemplating to buy P2,000,000 par value bonds at an effective rate en percent. P195,000 interest is receivable every end of six months for five years. Determine the buying price of the bond. Problem 2. Refer to problem number one. If Mala Inse Corp. sells the bonds after holding it for two years, how much should Mala Inse sell the bonds at P5,000 above the said bond price? Solution:

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter10: Long-term Liabilities

Section: Chapter Questions

Problem 10.2E

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