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Exhibit 14-3 A $700,000, Ten-Year, 9% Bond Issue Was Sold to Yield

Question 78

Multiple Choice

Exhibit 14-3
A $700,000, ten-year, 9% bond issue was sold to yield 10% interest payable annually. Actuarial information for 10 periods is as follows: Exhibit 14-3 A $700,000, ten-year, 9% bond issue was sold to yield 10% interest payable annually. Actuarial information for 10 periods is as follows: -Refer to Exhibit 14-3. The discount or premium at the date of bond issuance would be A) $44,923 premium. B) $19,114 premium. C) $43,015 discount. D) $17,206 discount.
-Refer to Exhibit 14-3. The discount or premium at the date of bond issuance would be


A) $44,923 premium.
B) $19,114 premium.
C) $43,015 discount.
D) $17,206 discount.

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