Business, 21.12.2019 02:31 ofkameron50

Acorporation issues for cash $9,000,000 of 8%, 30-year bonds, interest payable semiannually. the amount received for the bonds will be

a. present value of 30 annual interest payments of $720,000
b. present value of 60 semiannual interest payments of $360,000, plus present value of $9,000,000 to be repaid in 30 years
c. present value of $9,000,000 to be repaid in 30 years, less present value of 60 semiannual interest payments of $360,000
d. present value of 30 annual interest payments of $360,000, plus present value of $9,000,000 to be repaid in 30 years

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:30, deedivinya

What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?

Answers: 1

continue

Business, 22.06.2019 14:20, nataliaalejandradasi

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?

Answers: 1

continue

Business, 22.06.2019 14:20, clairajogriggsk

Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest

Answers: 1

continue

Business, 22.06.2019 15:30, graciemccain

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.

Answers: 3

continue

You know the right answer?

Acorporation issues for cash $9,000,000 of 8%, 30-year bonds, interest payable semiannually. the amo...