NdTop - Cox Manda Cup X
- 16 unread
Word
DoctX
danse
X MInbox (000X
E Etsy- Downlx
Get Home
X C Get Homewex
You Are Conx +
o
20357114582&snapshotid=2414365& amp;id=1188506507&takeld-79ea7b 812ca0e3a&
ge. com/static/nb/ui/evo/indexhtml?depl oymentid=590512232206503
CENGAGE MINDTAP
Update
Q Search this course
Excel Online Activity: Bond valuation 2
х
Question 1
0/10
Video
s
Subm
Excel Online Structured Activity: Bond valuation
A-Z
You are considering a 30-year $1,000 par value bond. Its coupon rate is 11%, and interest is paid semiannually. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required
analysis to answer the question below.
Open spreadsheet
If you require an effective annual Interest rate (not a nominal rate) of 10.02%, how much should you be willing to pay for the bond? Do not round Intermediate steps. Round your answer to the nearest cent.
Check My Work
Reset Problem
ory

Symantec corp., located in cupertino, california, is one of the world's largest producers of security and systems management software. the company's consolidated balance sheets for the 2009 and 2008 fiscal years included the following ($ in thousands): current assets: receivables, less allowances of $21,766 in 2009 and $24,089 in 2008 $ 838,010 $ 758,700 a disclosure note accompanying the financial statements reported the following ($ in thousands): year ended 2009 2008 (in thousands) trade accounts receivable, net: receivables $ 859,776 $ 782,789 less: allowance for doubtful accounts (8,938) (8,990) less: reserve for product returns (12,828) (15,099) trade accounts receivable, net: $ 838,010 $ 758,700 assume that the company reported bad debt expense in 2009 of $2,000 and had products returned for credit totaling $3,230 (sales price). net sales for 2009 were $6,174,800 (all numbers in thousands).required: what is the amount of accounts receivable due from customers at the end of 2009 and 2008? what amount of accounts receivable did symentec write off during 2009? what is the amount of symentec’s gross sales for the 2009 fiscal year? assuming that all sales are made on a credit basis, what is the amount of cash symentec collected from customers during the 2009 fiscal year?

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?

Hillside issues $4,000,000 of 6%, 15-year bonds dated january 1, 2016, that pay interest semiannually on june 30 and december 31. the bonds are issued at a price of $4,895,980. required: 1. prepare the january 1, 2016, journal entry to record the bonds’ issuance