Business, 13.02.2020 18:32 hannahbannana98
On January 1, 2021, Instaform, Inc., issued 10% bonds with a face amount of $50 million, dated January 1. The bonds mature in 2040 (20 years). The market yield for bonds of similar risk and maturity is 12%. Interest is paid semiannually.
Required:
1. Determine the price of the bonds at January 1, 2021. (Enter your answers in whole dollars.)
2. Assume the market rate was 9%. Determine the price of the bonds at January 1, 2021. (Enter your answers in whole dollars.)
Answers: 3
Business, 21.06.2019 15:00, destinyycooper
In its first year of operations, crane company recognized $31,700 in service revenue, $7,700 of which was on account and still outstanding at year-end. the remaining $24,000 was received in cash from customers. the company incurred operating expenses of $16,600. of these expenses, $12,690 were paid in cash; $3,910 was still owed on account at year-end. in addition, crane prepaid $3,260 for insurance coverage that would not be used until the second year of operations.
Answers: 3
Business, 22.06.2019 12:00, lyn36
In mexico, many garment or sewing shops found they could entice many young people to work for them if they offered clean, air conditioned work areas with high-quality locker rooms to clean up in after the work day. typically, traditional garment shops had to offer to get workers to apply for the hard, repetitive, and somewhat dangerous work. a. benchmark competitive wages b. compensating differentials c. monopoly wages d. wages based on human capital development of each employee
Answers: 3
On January 1, 2021, Instaform, Inc., issued 10% bonds with a face amount of $50 million, dated Janua...
Mathematics, 15.11.2021 01:20
Geography, 15.11.2021 01:20
English, 15.11.2021 01:20
Physics, 15.11.2021 01:20
Mathematics, 15.11.2021 01:20
Engineering, 15.11.2021 01:20