![subject](/tpl/images/cats/himiya.png)
Ava, Inc., issued 7% bonds, dated January 1, with a face amount of $117,200 on January 1, 2016 for an issue price of 106.5. The bonds mature on December 31, 2025 (10 years). For bonds of similar risk and maturity the market yield is 9%. Interest is paid annually on December 31.
What is the interest payment on the bond?
10b) A company issued 5%, 20-year bonds with a face amount of $302,000. The market yield for bonds of similar risk and maturity is 5%. Interest is paid annually. What is the debit to cash for the bond proceeds?
Here are the PV and PVA factors
PV i=5%, 20 periods
PVA i=5%, 20 periods
PV i=7%, 20 periods
PVA i=7%, 20 periods
.37689
12.46221
.25842
10.59401
![ansver](/tpl/images/cats/User.png)
Answers: 2
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Chemistry
![image](/tpl/images/cats/himiya.png)
Chemistry, 22.06.2019 07:30, nayiiii1874
What three things determine the shape and size of a puddle when water is poured out onto a surface
Answers: 2
![image](/tpl/images/cats/himiya.png)
Chemistry, 22.06.2019 14:00, IdkHowToDoMath
What term describes technology that operates on an atomic level
Answers: 2
![image](/tpl/images/cats/himiya.png)
You know the right answer?
Ava, Inc., issued 7% bonds, dated January 1, with a face amount of $117,200 on January 1, 2016 for a...
Questions in other subjects:
![Konu](/tpl/images/cats/istoriya.png)
History, 09.02.2021 02:50
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 09.02.2021 02:50
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 09.02.2021 02:50
![Konu](/tpl/images/cats/mat.png)
Mathematics, 09.02.2021 02:50
![Konu](/tpl/images/cats/istoriya.png)
History, 09.02.2021 02:50
![Konu](/tpl/images/cats/obshestvoznanie.png)
![Konu](/tpl/images/cats/mkx.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 09.02.2021 02:50