subject
Business, 20.02.2020 03:39 Kaycieb

Seaside issues a bond that has a stated interest rate of 12%, face amount of $50,000, and is due in 5 years. Interest payments are made semi-annually. The market rate for this type of bond is 14%. What is the issue price of the bond? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 08:40
Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.
Answers: 3
question
Business, 22.06.2019 17:30
What is the sequence of events that could lead to trade surplus
Answers: 3
question
Business, 22.06.2019 18:10
Find the zeros of the polynomial 5 x square + 12 x + 7 by factorization method and verify the relation between zeros and coefficient of the polynomials
Answers: 1
question
Business, 22.06.2019 23:50
The sarbanes-oxley act was passed to question 6 options: prevent fraud at public companies. replace all of the old accounting procedures with new ones. improve the accuracy of the company's financial reporting. both a and c
Answers: 3
You know the right answer?
Seaside issues a bond that has a stated interest rate of 12%, face amount of $50,000, and is due in...
Questions
question
Mathematics, 19.05.2020 15:10
question
Mathematics, 19.05.2020 15:10
question
English, 19.05.2020 15:10
question
Mathematics, 19.05.2020 15:10
question
Mathematics, 19.05.2020 15:10
question
Biology, 19.05.2020 15:10
question
Mathematics, 19.05.2020 15:10
Questions on the website: 13722361