On January 2, 2020, Crane Company wishes to issue $6400000 (par value) of its 6%, 10-year bonds. The bonds pay interest annually on January 1. The current yield rate on such bonds is 11%. Using the interest factors below, compute the amount that Crane will realize from the sale (issuance) of the bonds. Present value of 1 at 6% for 10 periods 0.5584 Present value of 1 at 11% for 10 periods 0.3522 Present value of an ordinary annuity at 6% for 10 periods 7.3601 Present value of an ordinary annuity at 11% for 10 periods 5.8892

Case in point 2.4 attaway airlines, part two back at attaway airlines, the morning meeting ended with no agreement between dan esposito and molly kinnon. in fact, a new issue arose. molly now says that the new accounting system is entitled to the highest priority because the federal government soon will require the reporting of certain types of company-paid health insurance premiums. because the current system will not handle this report, she insists that the entire accounting system is a nondiscretionary project. as you might expect, dan is upset. can part of a project be nondiscretionary? what issues need to be discussed? the committee meets again tomorrow, and the members will look to you, as the it director, for guidance.

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Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate