Question 9 On January 1, 2018, OU Company issued 12% bonds with a $20 million face value and a maturity date of December 31, 2019. The market rate is 14%. Coupon payments are due semi-annually and the first coupon payment is due on June 30, 2018. What is the present value of the bond at issuance (i. e., January 1, 2018)?
Answers: 2
Business, 21.06.2019 16:30
What are some of the miranda restrictions on questioning someone?
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Business, 22.06.2019 14:50
The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?
Answers: 1
Business, 22.06.2019 16:50
Slow ride corp. is evaluating a project with the following cash flows: year cash flow 0 –$12,000 1 5,800 2 6,500 3 6,200 4 5,100 5 –4,300 the company uses a 11 percent discount rate and an 8 percent reinvestment rate on all of its projects. calculate the mirr of the project using all three methods using these interest rates.
Answers: 2
Question 9
On January 1, 2018, OU Company issued 12% bonds with a $20 million face value and a matu...
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