会计学ch15.pptVIP

Long-Term Liabilities Chapter 15 Bonds: An Introduction A bond is an interest bearing long-term note payable. Bonds are groups of notes payable issued to multiple lenders called bondholders. principal interest rate interest payment dates Types of Bonds Bond Prices A bond is quoted as a percent of its face value. A quote of 99? means that a $1,000 bond sells for $1,000 × 0.995, or $995. Bond prices are affected by... time to maturity. credit rating of issuer. interest rate. Present Value The amount invested today receives a greater amount at a future date which is called the present value of a