7. On January 1,2020, Miroge Compony ocquired P4,000000 of 12% foce voue bonds at P3,767000to behekd to maturity with a 14% effective yleld. Interest on bonds is poyoble annualy on December 31 ond the...

7. On January 1,2020, Miroge Compony ocquired P4,000000 of 12% foce voue<br>bonds at P3,767000to behekd to maturity with a 14% effective yleld. Interest on<br>bonds is poyoble annualy on December 31 ond the bonds moture on Jjonvory 1,<br>2024. The effective interestmethod of armortization is used. Whatis the carrying<br>VOve of the investment on December 31,2020?<br>a. 3814.380<br>b. 3,767000<br>C. 4,000,000<br>d. 3,719620<br>

Extracted text: 7. On January 1,2020, Miroge Compony ocquired P4,000000 of 12% foce voue bonds at P3,767000to behekd to maturity with a 14% effective yleld. Interest on bonds is poyoble annualy on December 31 ond the bonds moture on Jjonvory 1, 2024. The effective interestmethod of armortization is used. Whatis the carrying VOve of the investment on December 31,2020? a. 3814.380 b. 3,767000 C. 4,000,000 d. 3,719620

Jun 11, 2022

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7. On January 1,2020, Miroge Compony ocquired P4,000000 of 12% foce voue bonds at P3,767000to behekd to maturity with a 14% effective yleld. Interest on bonds is poyoble annualy on December 31 ond the...

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