What is the bond coupon rate
A US government bond matures in 10 years. Its quoted price is $97.8 for a face value of $100. The bond coupon rate is 5% paid annually. An investor buys 100 bonds what is the net yield rate if the investor hangs on to these bonds for 10 years?
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Issued 10,000 shares of common stock for a building and land. The building was appraised for $20,000, but the value of the land is undeterminable. The stock is selling for $10 ob the open market.
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Prepare the journal entries to record each of the partners' investments. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.)
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On July 1, 2010, Atwater Corporation issued $1,681,700 face value, 9%, 10-year bonds at $1,920,720. This price resulted in an effective-interest rate of 7% on the bonds.
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Minor inc had revenue of $572,000 and expenses (other than income taxes) of $282,000 for the current year. The company is subject to a 35 percent income tax rate
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