Acompany issues $25,000,000, 7.8%, 20-year bonds to yield 8% on january 1, 2017. interest is paid on june 30 and december 31. the proceeds from the bonds are $24,505,180. using effective-interest amortization, how much interest expense will be recognized in 2017? group of answer choices $1,960,623 $975,000 $1,960,415 $1,950,000
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Business, 22.06.2019 20:40
Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year
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Business, 23.06.2019 00:30
Kim davis is in the 40 percent personal tax bracket. she is considering investing in hca(taxable) bonds that carry a 12 percent interest rate. what is her after- tax yield(interest rate) on the bonds?
Answers: 1
Acompany issues $25,000,000, 7.8%, 20-year bonds to yield 8% on january 1, 2017. interest is paid on...
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