Business, 06.12.2019 02:31 Baseball4744
Katie pairy fruits inc. has a $1,700 18-year bond outstanding with a nominal yield of 18 percent (coupon equals 18% Γ $1,700 = $306 per year). assume that the current market required interest rate on similar bonds is now only 12 percent. use appendix b and appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. compute the current price of the bond. (do not round intermediate calculations. round your final answer to 2 decimal places. assume interest payments are annual.) b. find the present value of 6 percent Γ $1,700 (or $102) for 18 years at 12 percent. the $102 is assumed to be an annual payment. add this value to $1,700. (do not round intermediate calculations. round your final answer to 2 decimal places. assume interest payments are annual.) present value $ referencesebook & resources worksheetdifficult.
Answers: 3
Business, 21.06.2019 23:00
Employees of dti, inc. worked 1,600 direct labor hours in january and 1,000 direct labor hours in february. dti expects to use 18,000 direct labor hours during the year, and expects to incur $22,500 of workerβs compensation insurance cost for the year. the cash payment for this cost will be paid in april. how much insurance premium should be allocated to products made in january and february?
Answers: 1
Business, 22.06.2019 18:00
Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?
Answers: 1
Business, 22.06.2019 21:10
Ahospital purchases a $500,000 magnetic resonance imaging (mri) machine that has a useful life of 9 years. the salvage value at the end of 9 years is $77,000. (a) write a linear equation that describes the value y (in dollars) of the mri machine in terms of the time t (in years), 0 β€ t β€ 9. (b) find the value, in dollars, of the machine after 6 years. $ (c) find the time, in years, when the value of the equipment will be $140,000. (round your answer to two decimal places.) yr
Answers: 2
Business, 23.06.2019 01:30
Young owners of a sole proprietorship will likely not find financial support available from?
Answers: 2
Katie pairy fruits inc. has a $1,700 18-year bond outstanding with a nominal yield of 18 percent (co...
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