Determine a premium or discount bond
A bond has a par value of $1,000, coupon interest rate of 4%, maturity of 15 years and yield to maturity of 5%. Please determine its price and explain if it is a premium or discount bond and why?
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Mehta Company traded a used welding machine (cost $26,082, accumulated depreciation $8,694) for office equipment with an estimated fair value of $14,490. Mehta also paid $8,694 cash in the transaction.
Costs added during period: Direct materials $119,637 Direct labor $79,758 Factory overhead $26,586 Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing
The team still has 45 games to play. How many of the remaning games must the team win in order to win 60% of all games played during the season?
A laser emits a narrow beam of light. The radius of the beam is 1.5 mm, and the power is 2.9 mW. What is the intensity of the laser beam?
Topple Company produces a single product. Operating data for the company and its absorption costing income statement for the last year are presented below.
Assuming that the inductance has a value of 8 x 10^-7 H, determine the range of capacitance values that are needed so the antenna can pick up all the radio waves broadcasted by FM stations.
The lessor used an implicit interest rate of 10 percent in determining the lease payments of $14,795, the first of which was made when the lease was signed.
An optical pin is placed midway between two parallel plane mirrors M1 and M2 which are 10cm apart. How far from the pin is the fourth image?
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