On September 1, Taci Company lent $ 88,000 to L. Kahil on a 90-day, 4% note.
a. Journalize for Taci Company the lending of the money on September 1.
b. Journalize the collection of the principal and interest at maturity. Specify the date. Round interest to the nearest dollar.
Answers: 1
Business, 22.06.2019 10:10
An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?
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Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:
Answers: 1
On September 1, Taci Company lent $ 88,000 to L. Kahil on a 90-day, 4% note.
a. Journal...
a. Journal...
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