For example, in the case of animals larger than a raccoon (such as a dead deer), state laws requires the carcass to be disposed of in a pit at least 3.5 feet deep, on private property, and not adjacent to any standing water.
A bond price is the price at which you can buy or sell a bond. The most usual way of expressing these prices is to use the current price as a percentage or the nominal price of the bond.
Market Price of Bonds Payable. [Key Concept] Price of bonds = Present value of principal + Present value of interest payments Interest to be paid each period is determined by coupon rate (stated interest rate) for that period. Present value calculation is based on market interest rate. [Exercise 1] On January 1, 2011, Company A issues long-terms bonds which are due on January 1, 2016. Interest is paid semiannually on January 1 and July 1 each year. Face amount of bonds is $500,000 with stated interest rate (coupon rate) of 10%.