A company paid 41800 plus a brokers fee of 625 to acquire 17

A company paid $41800 plus a broker\'s fee of $625 to acquire 17% bonds with a $44,000 maturity value. The company intends to hold the bonds to maturity. The cosh proceeds the company will receive when the bonds mature equal: O $42425 O $48.840. O $44.625 O $41800 O $44.000 References Multiple Choice 15-C1 DIstinguish berween ho between shot-term Difficulty. 2 Medium Type here to search

Solution

As the maturity value of the bond is 44,000

So the full amount will be received at the end that is at the maturity of the bond

So the company will receive the maturity value of $44,000

So correct amswer is 44,000