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Business, 08.11.2019 02:31 lizzyhearts
Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $20,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $900 every six months over the subsequent eight years, and finally pays $1,300 every six months over the last six years. bond n also has a face value of $20,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 5.4 percent compounded semiannually.
what is the current price of bond m and bond n?
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Business, 23.06.2019 01:00, ashley232323
Need with an adjusting journal entrycmc records depreciation and amortization expense annually. they do not use an accumulated amortization account. (i. e. amortization expense is recorded with a debit to amort. exp and a credit to the patent.) annual depreciation rates are 7% for buildings/equipment/furniture, no salvage. (round to the nearest whole dollar.) annual amortization rates are 10% of original cost, straight-line method, no salvage. cmc owns two patents: patent #fj101 and patent #cq510. patent #cq510 was acquired on october 1, 2016. patent #fj101 was acquired on april 1, 2018 for $119,000. the last time depreciation & amortization were recorded was december 31, 2017.before adjustment: land: 348791equpment and furniture: 332989building: 876418patents 217000
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Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $20,00...
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