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

Another question on Business

question
Business, 21.06.2019 15:20
Assume a firm's production process requires an average of 80 days to go from raw materials to finished products and another 40 days before the finished goods are sold. if the accounts receivable cycle is 70 days and the accounts payable cycle is 80 days, what would the operating cycle be?
Answers: 1
question
Business, 22.06.2019 22:50
Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?
Answers: 1
question
Business, 23.06.2019 09:40
Max wants to open a basic checking account at his local bank. he needs to bring his and , along with a $50 deposit, to open the account.
Answers: 3
question
Business, 23.06.2019 12:30
Max maxwell's property is assessed at $412,500. he pays $5775.00 in property taxes, what is the property tax rate in his city?
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
question
Social Studies, 24.11.2020 18:00
question
English, 24.11.2020 18:00
question
Mathematics, 24.11.2020 18:00
question
Mathematics, 24.11.2020 18:00
question
Mathematics, 24.11.2020 18:00
Questions on the website: 13722367