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The cash interest payment a corporation makes to its bondholders is based on ________.A. the market rate times the carrying valueB. the stated rate times the principalC. the stated rate times the carrying valueD. the market rate times the principal

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Chapter 13

Long-Term Liabilities

Section 2

Compute Amortization of Long-Term Liabilities Using the Effective-Interest Method

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and this question were being asked. Look at an ad. So please take a look at your textbook and you'll notice that the principal amount or the amount being borrowed is that 125,000. That's where you're seeing a dollar amount. It says $125,000 is available online. So our principle is 125,000. Our rate. The key is you want to look for percent because interest rate is a percent of the principal. And so you see that 5% there again, percent being the key, that percent sign. The last part of this question wants to know for how long, What's the time period? And our time period is 30 years. The key, of course, being years is a measurement of time.

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