Tyson Construction Inc Use the information provided for Tyson Construction Inc to answer the following question(s) using the effective interest method. On January 2, 2012, Tyson Construction Inc issued $1,000,000, 10-year bonds for $1,135,915. The bonds pay interest on June 30 and December 31. The stated rate is 10% and the market rate is 8%. Refer to the information provided for Tyson
Construction Inc What is the carrying value of the bonds at the end of ten years before the final maturity payment is made?
A) $ 850,000
B) $1,200,000
C) $1,000,000
D) $1,150,000
C
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