The Biltmore National Bank raised capital through the sale of $140 million face value of eight percent coupon rate, ten-year bonds. The bonds paid interest semiannually and were sold at a time when equivalent risk-rated bonds carried a yield rate of ten percent.

the market price of the bonds:

PV of face value = $140 / (1 + 5%)²⁰ = $52.765 million

PV of coupon payments = ($140 x 4%) x 12.462 (PV annuity factor, 5%, 20 periods) = $69.787 million

total market value = $122.552 million

Journal entry to record bond issuance:

Dr Cash 122,552,000

Dr Discount on bonds payable 17,448,000

    Cr Bonds payable 140,000,000

fa tha first one you gonna add y to both sides

it look like this

x-y+y=6+y

x=y+6

therefore your answer is

x =y+6

fa tha second one

you gonna flip tha equation

it gonna look like x-4y=y

then add 4 to both sides

it gonna look like tha

x-4 +4 =y +4

so therefore tha answer is x=y+4

step-by-step explanation:

answer: 4 meters

step-by-step explanation: to you understand 2/3 better you can do 1 divided by 3 = . then multiply that by the 2 which is .66666666666666667 then you would do 6 x .66666666666666667 which is 4.      

hope this .