Business, 22.04.2021 17:50, shenzhen10

Determining Bond Selling Price Calculate the bond selling price for the three separate scenarios that follow.
a. 33M Corp. authorized and issued $200,000, 6%, 20-year bonds payable on January 1, 2020. Calculate the selling price of the bonds if the bonds pay cash interest semiannually on July 1 and January 1, and the market rate of interest on similar bonds is 896.
b. 33M Corp. authorized and issued $500,000, 796, 10-year bonds payable on January 1, 2020. Calculate the selling price of the bonds if the bonds pay cash interest semiannually on July 1 and January 1, and the market rate of interest on similar bonds is 6%.
c. 33M Corp. issued $150,000, 5%, 10-year bonds payable on March 31, 2020. The bonds were authorized on January 1, 2020. Calculate the selling price of the bonds (including interest) if the bonds pay cash interest annually on January 1, beginning January 1, 2021, and the market rate of interest on similar bonds is 69.
a. $ 960,204 x
b. $ Check

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:00, nikki225

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

Answers: 3

continue

Business, 22.06.2019 05:30, AjTruu2880

Laurelton heating & cooling installs and services commercial heating and cooling systems. laurelton uses job costing to calculate the cost of its jobs. overhead is allocated to each job based on the number of direct labor hours spent on that job. at the beginning of the current year, laurelton estimated that its overhead for the coming year would be $ 61 comma 500. it also anticipated using 4 comma 100 direct labor hours for the year. in april comma laurelton started and completed the following two jobs: (click the icon to view the jobs.) laurelton paid a $ 20-per-hour wage rate to the employees who worked on these two jobs. read the requirements requirement 1. what is laurelton's predetermined overhead rate based on direct labor hours? determine the formula to calculate laurelton's predetermined overhead rate based on direct labor hours, then calculate the rate. / = predetermined overhead rate

Answers: 2

continue

Business, 22.06.2019 06:00, olivernolasco23

Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase

Answers: 1

continue

Business, 22.06.2019 20:00, HahaHELPP

In william rathje's garbology project that focused on household waste, front door interviews found 15 percent of respondents saying that they consumed beer. the trash discard from the same area showed what percentage of household's consuming beer

Answers: 1

continue

Do you know the correct answer?

Determining Bond Selling Price Calculate the bond selling price for the three separate scenarios t...