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The current main building of East High School at E. 13th and Walker St. was constructed in 1910-1911 at a cost of $400,000 to a design by architects Bird and Rawson. A bond issue and ultimately an Iowa Supreme Court ruling were required to allow construction to go forward.
Original Issue Discount (OID) is a type of interest that is not payable as it accrues. OID is normally created when a debt , usually a bond , is issued at a discount . In effect, selling a bond at a discount converts stated principal into a return on investment, or interest.
A journal entry is the act of keeping or making records of any transactions either economic or non-economic. Transactions are listed in an accounting journal that shows a company's debit and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit. The total of the debits must equal the ...
Issue date. Bond series. Denomination. Once you enter this information, the calculator can let you know what your paper bond is worth if you cash it in today. You can also use the calculator to ...
On a fixed-rate bond, for example, the coupon might be 5 percent, so the bondholder would earn $50 annually for every $1,000 in face value of bonds, a typical cost for a bond.
Deferred financing costs or debt issuance costs is an accounting concept meaning costs associated with issuing debt (loans and bonds), such as various fees and commissions paid to investment banks, law firms, auditors, regulators, and so on. Since these payments do not generate future benefits, they are treated as a contra debt account.
From 1991 through 2000, the Treasury's Bureau of Public Debt announced an Annual U.S. Savings Bonds Student Poster Contest each fall to promote the sale of bonds with a specified theme. Each spring, nearly $100,000 was distributed to winners in grades 4 through 6 across all fifty states, District of Columbia, and Puerto Rico.
By Leah Douglas and Julie Steenhuysen (Reuters) -California's public health department reported a possible case of bird flu in a child with mild respiratory symptoms on Tuesday, but said there was ...