Business, 29.04.2021 16:00 Andrewecolt1993

On January 1, 2019, Jason Company issued $5.0 million of 10-year bonds at a 10% coupon interest rate to be paid annually. The following present value factors have been provided: Time Period Interest PV of $1 PV of a $1 Annuity 10 10% 0.386 6.145 10 8% 0.463 6.710 10 12% 0.322 5.650 Calculate the issuance price if the market rate of interest is 12%. Multiple Choice $4,435,000. $5,000,000. $4,477,500. $4,427,500.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 09:00

Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit

Answers: 1

Answer

Business, 22.06.2019 17:20

States that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause. rule of fair treatment due-process policy rule of law employment flexibility employment at will

Answers: 1

Answer

Business, 22.06.2019 19:50

Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?

Answers: 1

Answer

Business, 22.06.2019 21:10

You are the manager of a large crude-oil refinery. as part of the refining process, a certain heat exchanger (operated at high temperatures and with abrasive material flowing through it) must be replaced every year. the replacement and downtime cost in the first year is $165 comma 000. this cost is expected to increase due to inflation at a rate of 7% per year for six years (i.e. until the eoy 7), at which time this particular heat exchanger will no longer be needed. if the company's cost of capital is 15% per year, how much could you afford to spend for a higher quality heat exchanger so that these annual replacement and downtime costs could be eliminated?

Answers: 1

Answer

You know the right answer?

On January 1, 2019, Jason Company issued $5.0 million of 10-year bonds at a 10% coupon interest rate...

Questions