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Accounting Problem - Procter and Gamble

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solution


Question

Question;Procter and Gamble?s 4.7% bonds due in 2019 were;reported as selling for 104.797. Were the bonds selling at a premium or at a;discount? Why is Proctor & Gamble able to sell its bonds at this price?

 

Paper#40834 | Written in 18-Jul-2015

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