Chapter 14QS
QS 14-1
1. B Debenture
2. D Bond Indenture
3. F Bearer bond
4. A Registered bond
5. G Sinking fund bond
6. E Convertible bond
7. H Secured bond
8. C Serial bond
QS 14-2
1. Bond’s cash proceeds: $350,000 x 0.875 = $306,250
2. Twenty semiannual interest payments of $14,00 $280,000
Plus bon discount ($350,000-$306,250) 43,750
Total bond interest expense $323,650
