 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Issues of bond with a par value
On January 1, a company issues bondsss with a par vaule of $300,000. The bonds maure in 5 yrs, and pay 8% annual interst, payable each June 30 amd December 31. On the issue date, the marke rate of interest for the bonds is 10%. Compute the price on their issance date:
Present value of an annuity for 10% periods at 4% 8.110 Present value of an annuity for 10% periods at 5% 7.7217 Present value of 1 for 10 periods at 4% 0.6756 Present value 1 for 10 peroids at 5% |
||||
|
||||
|
Please see the guidelines for posting homework problems: https://www.askmehelpdesk.com/financ...-b-u-font.html |
||||
Not your question?
Ask your question
View similar questions
| Question Tools | Search this Question |
Add your answer here.
Check out some similar questions!
The Garraty Company has two bond issues outstanding. Both bonds pay $100 annual inter
[ 3 Answers ]
The Garraty Company has two bond issues outstanding. Both bonds pay $100 annual interest plus $1,000 at maturity. Bond L has a maturity of 15 years, and Bond S a maturity of 1 year. a. What will be the value of each of these bonds when the going rate of interest is (1) 5 percent, (2) 8 percent,...
Amide bond (peptide bond)
[ 3 Answers ]
hello ever1 I don't know much about chemistry, so hlp me with this is amide bond (peptide bond), balanced chemical equation?
Bond issues
[ 1 Answers ]
Can someone please explain how to calculate the following? The journal entries below are correct but I keep getting the calculation wrong. Can I see the actual calculate of JE Jan 1? Ratzlaff Company issues $2 million, 10-year, 8% bonds at 97, with interest payable on July 1 and January 1. ...
View more questions Search
|
