subject

Business, 03.04.2020 17:41 tyreannag7696

Ames Corporation is planning to issue bonds with a face value of $500,000 and a coupon rate of 6 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31. All of the bonds will be sold on January 1 of this year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answer to whole dollars.) Required: Compute the issue (sale) price on January 1 of this year for each of the following independent cases: a. Case A: Market interest rate (annual): 4 percent.

ansver

Answers: 2

Show answers

Another question on Business

question

Business, 22.06.2019 11:10

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.

Answers: 1

question

Business, 22.06.2019 13:10

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock

Answers: 1

question

Business, 22.06.2019 20:40

Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance

Answers: 1

question

Business, 23.06.2019 02:30

What provides financial support to workers who are retired or have disabilities? medicare social security tax withholdings medicaid

Answers: 1

You know the right answer?

Ames Corporation is planning to issue bonds with a face value of $500,000 and a coupon rate of 6 per...

Questions

question

Mathematics, 01.10.2019 23:10

Triangles fim and lak below are similar, and la=ak . what is the length of la¯ ? if lk...

question

Mathematics, 01.10.2019 23:10

Translate these statements into english, where c(a) is "x is a comedian" and f) is "x is funny" and the domain consists of all people. a) vx(c(a)f(x))...

question

Mathematics, 01.10.2019 23:10

Triangle abc is dilated to form triangle a'b'c'. what is the dilation factor? what is the center of dilation?...

question

Mathematics, 01.10.2019 23:10

Triangle abc is an equilateral triangle. segment ad measures 18 inches. triangle a b c is shown. a perpendicular bisector is drawn from p...

question

Biology, 01.10.2019 23:10

Trevor wanted to find out what fertilizer worked best for growing marigolds. he put miracle grow on one, scott fertilizer on one , and no fertilizer o...

question

Engineering, 01.10.2019 23:10

Camp stove is used to heat and boil water. a full tank of fuel can provide a heat transfer of 1.50 mj to the water on the stove. assume the atmospheri...

question

Law, 01.10.2019 23:10

Trevor hammell wishes to form a real estate syndication for the purpose of buying and developing a parcel of land located near the announced location...

question

Mathematics, 01.10.2019 23:10

Consider the following three systems of linear equations. system a system b system c [a1] [a2] [b1] [b2] [c1] [c2] answer the questions below. for eac...

question

Business, 01.10.2019 23:10

The peridot company purchased machinery on january 2, 2019, for $800,000. a five-year life was estimated and no residual value was anticipated. perido...

question

Biology, 01.10.2019 23:10

In mice, an allele for apricot eyes (a) is recessive to an allele for brown eyes (a+). at an independently assorting locus, an allele for tan (t) coat...

question

Engineering, 01.10.2019 23:10

The evaporator of a refrigeration cycle is basically a heat exchanger in which a refrigerant is evaporated by absorb- ing heat from a fluid. refrigera...

question

Business, 01.10.2019 23:10

United aluminum company of cincinnati produces three grades (high, medium, and low) of aluminum at two mills. each mill has a different production cap...

question

Physics, 01.10.2019 23:10

An experiment was performed to compare the fracture toughness of high-purity 18 ni maraging steel with commercial-purity steel of the same type. for m...

question

Physics, 01.10.2019 23:10

Consider a conduction (free) electron in high-purity si crystal with mobility μn = 1350 cm2/v-s that moves in the si bar of length 1 mm. a voltage of...

question

Mathematics, 01.10.2019 23:10

Hile walking through a fictional forest, you encounter threetrolls guarding a bridge. each is either aknight, who always tellsthe truth, or knave, who...

question

Mathematics, 01.10.2019 23:10

Tell whether the statement is always, sometimes, or never true. explain your reasoning. (a) complementary angles are adjacent. (b) angle...

question

Business, 01.10.2019 23:10

Who gains and who loses when a country imposes a tariff or a quota on imports of a good? suppose the united states imposes a tariff or quota on sugar...

question

Social Studies, 01.10.2019 23:10

The creation of the department of homeland security is an example of (a) a new phenomenon where an agency has been created which seems to be beyond t...

question

Business, 01.10.2019 23:10

As part of the initial investment, ray blake contributes equipment that had originally cost $125,000 and on which accumulated depreciation of $100,000...

question

Engineering, 01.10.2019 23:10

The heat transfer coefficient for hydrogen flowing over a sphere is to be determined by observing the temperature–time history of a sphere fabricated...

More questions: Business Another questions