On December 31, IOU Corporation issued 100,000 of 10-year, 8 ...

[brutforce]

On December 31, IOU Corporation issued 100,000 of 10-year, 8 bonds at 98. The bonds pay interest annually on December 31.
 
  How much cash will bondholders receive when the bonds mature? (Assume that the final payment of interest has already been made separately.)
  A) 784,000
  B) 100,000
  C) 1,000,000
  D) 98,000

Question 2

Self-employment tax is a contribution to the unemployment compensation program.
 a. True
   b. False
   Indicate whether the statement is true or false

[k.lashomb]

Answer to Question 1

B

Answer to Question 2

False