What is the amount of interest revenue stripes will report, Financial Management

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What is the amount of interest revenue stripes will report

1. On October 1, 2018, Stripes Inc. lends $100,000 to another company and accepts a 24-month, 6% note. What is the amount of interest revenue Stripes will report in its 2019 income statement?

2. A 3-year bond with 10% coupon rate and $1,000 face value has an yield to maturity of 8% (APR). Assuming annual interest payments, calculate the price of the bond.

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Financial Management: What is the amount of interest revenue stripes will report

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Financial Management: What is the amount of interest revenue stripes will report

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