On january 1, 2014, corporation a purchases bonds in corporation b. the bonds have a par value of $50,000 and a stated interest rate of 6%, with annual interest payments on december 31 and a maturity date of december 31, 2023. corporation a purchases the bonds for $43,290 to yield 8% interest, and holds the bonds in its trading account. on december 31, 2014, the fair value of the bonds is $45,000. when the bond market opens on january 2, 2015, corporation b sells the bonds for an amount intended to achieve a 7% yield for corporation a. disregarding accrued interest, what gain (rounded to whole dollars) should corporation a recognize on the bonds in 2015?
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Business, 21.06.2019 20:50, clwalling04
Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning
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Business, 22.06.2019 01:30, josehernamdez3035
Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?
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Business, 22.06.2019 01:50, jjaheimhicks3419
Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years
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On january 1, 2014, corporation a purchases bonds in corporation b. the bonds have a par value of $5...