subject
Business, 06.06.2020 18:57 gwendallinesikes

On January 1, 2018, Raymond Corporation sold 4% bonds having a maturity value of $10,000,000. The market yield for bonds of similar risk and maturity is 4.5%. The bonds are dated January 1, 2018, mature on January 1, 2021, and pay interest on June 30 and December 31 of each year. Required:
a. Calculate the price of the bond
b. Create an amortization schedule

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:20
If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.
Answers: 3
question
Business, 22.06.2019 07:30
Select the correct answer. sarah works in a coffee house where she is responsible for keying in customer orders. a customer orders snacks and coffee, but later, cancels th snacks, saying she wants only coffee. at the end of the day, sarah finds that there is a mismatch in the snack items ordered. which term suggest data has been violated? a. security b. integrity c. adding d. reliability e. reporting
Answers: 3
question
Business, 22.06.2019 19:30
Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%
Answers: 3
question
Business, 23.06.2019 00:10
You are to receive five gold coins from your great uncle as an incentive to study hard. the coins were originally purchased in 1982. your great uncle will deliver the coins the week after finals (assuming your grades are "acceptable"). the amount your great uncle paid for the coins is a(n): indirect cost.overhead cost.opportunity cost.sunk cost.
Answers: 1
You know the right answer?
On January 1, 2018, Raymond Corporation sold 4% bonds having a maturity value of $10,000,000. The ma...
Questions
question
Chemistry, 28.07.2020 19:01
question
Mathematics, 28.07.2020 19:01
Questions on the website: 13722367