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# Bond X and bond Y are both issued by the same company. Each of the bonds has a maturity value of $100,000 and each pays interest at 8%. The current...

Bond X and bond Y are both issued by the same company. Each of the bonds has a maturity value of $100,000 and each pays interest at 8%. The current market rate of interest is 8% for each. Bond X matures in 7 years while bond Y matures in 10 years. Which of the following is correct?Both bonds will sell for the same amount. Both bonds will sell for more than $100,000. Bond X will sell for more than bond Y. Bond Y will sell for more than bond X. When a lease qualifies as a capital lease, what is the cost basis of the asset acquired? (Points : 1) The present value of the minimum lease payments, exclusive of executory costs. The present value of the minimum lease payments plus executory costs. The sum of the gross minimum lease payments. The present value of the minimum lease payments plus the present value of executory costs.