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semiannual dividend expense?

Mathematics
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to fund a major facility expansion the brandywine church sold 1500 twenty year $1,000 par value bonds with a 6% semiannual coupon. church set up a sinking fund to accumulate the bonds redemption value that pays 4.75% interest

 semiannual dividend expe

Dec 2nd, 2014

You may want to post this question in the Accounting category instead of the Mathematics category.  Most people who majored in math didn't take Accounting.  Sorry.

Dec 3rd, 2014

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Dec 2nd, 2014
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Dec 2nd, 2014
Dec 7th, 2016
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