subject
Business, 19.02.2020 23:18 shealwaysknows23

Marigold Inc. has issued three types of debt on January 1, 2020, the start of the company’s fiscal year. (a) $10 million, 10-year, 14% unsecured bonds, interest payable quarterly. Bonds were priced to yield 10%. (b) $29 million par of 10-year, zero-coupon bonds at a price to yield 10% per year. (c) $20 million, 10-year, 8% mortgage bonds, interest payable annually to yield 10%. Prepare a schedule that identifies the following items for each bond: (1) maturity value, (2) number of interest periods over life of bond, (3) stated rate per each interest period, (4) effective-interest rate per each interest period, (5) payment amount per period, and (6) present value of bonds at date of issue. (Round stated and effective rate per period to 2 decimal places, e. g. 10.25%. Round present value factor calculations to 5 decimal places, e. g. 1.25124 and the final answer to 0 decimal places e. g. 58,971.) Unsecured Bonds Zero-Coupon Bonds Mortgage Bonds (1) Maturity value $ 10000000 $ 29000000 $ 20000000 (2) Number of interest periods 40 10 10 (3) Stated rate per period 3.5 % 0 % 8 % (4) Effective rate per period 2.5 % 10 % 10 % (5) Payment amount per period $ 350000 $ 0 $ 1600000 (6) Present value $ 12510278 $ 11180755

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, castiaulii16
The market for corn in country a is highly competitive. at the current market price of $5/bushel there is a shortage of 100,000 bushels of corn in this country. media reports claim that the price of corn will rise drastically in the near future. according to these reports, the neighboring country b had witnessed a similar situation recently. at the same price, the shortage in country b was also 100,000 bushels and eventually the equilibrium price in b went up to $10/bushel. both countries are known to have equal number of corn producers and the market supply of corn is identical at all prices. this, combined with the fact that consumers in the two countries also have similar tastes and preferences, led the media to conclude that the price of corn in country a would soon be as high as $10/bushel. the new equilibrium price turns out to be below $10/bushel, what inferences can be drawn?
Answers: 3
image
Business, 21.06.2019 21:30, annethelusma25
Which of these things did galileo not do? a. stop publishing his scientific work after being convicted of heresy b. invent the concept of acceleration c. experiment with rolling balls down ramps of increasing steepness to test how objects would fall d. argue that earth moves around the sun e. make up a thought experiment that indicated that objects would fall at the same rate
Answers: 3
image
Business, 22.06.2019 10:00, chancegodwin5
In a small group, members have taken on the task roles of information giver, critic/analyzer, and recorder, and the maintenance roles of gatekeeper and follower. they need to fulfill one more role. which of the following would be most effective for their group dynamics? a dominator b coordinator c opinion seeker d harmonizer
Answers: 1
image
Business, 22.06.2019 10:40, meillsss
Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?
Answers: 1
You know the right answer?
Marigold Inc. has issued three types of debt on January 1, 2020, the start of the company’s fiscal y...

Questions in other subjects:

Konu
History, 18.01.2020 12:31