Business, 08.11.2021 14:00 sarahkuener
At the beginning of his current tax year, David invests $11,650 in original issue U. S. Treasury bonds with a $10,000 face value that mature in exactly 10 years. David receives $640 in interest ($320 every six months) from the Treasury bonds during the current year, and the yield to maturity on the bonds is 4.4 percent. (Round your intermediate calculations to the nearest whole dollar amount.)
a. How much interest income will he report this year if he elects to amortize the bond premium?
b. How much interest will he report this year if he does not elect to amortize the bond premium?
Answers: 1
Other questions on the subject: Business
Business, 21.06.2019 22:30, Renabelle6350
Acompany determined that the budgeted cost of producing a product is $30 per unit. on june 1, there were 80,000 units on hand, the sales department budgeted sales of 300,000 units in june, and the company desires to have 120,000 units on hand on june 30. the budgeted cost of goods sold for june would be
Answers: 1
Business, 22.06.2019 16:00, anonymous1813
Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?
Answers: 3
Business, 22.06.2019 16:30, AriaMartinez
Corrective action must be taken for a project when (a) actual progress to the planned progress shows the progress is ahead of schedule. (b) the technical specifications have been met. (c) the actual cost of the activities is less than the funds received for the work completed. (d) the actual progress is less than the planned progress.
Answers: 2
You know the right answer?
At the beginning of his current tax year, David invests $11,650 in original issue U. S. Treasury bon...
Questions in other subjects:
Mathematics, 18.10.2020 07:01
Geography, 18.10.2020 07:01
Mathematics, 18.10.2020 07:01
