Why the interest is paid semiannually
Nike issued 15-year, 9% bonds with a par value of $200,000. Interest is paid semiannually. The market rate on the issue date was 8.5%. Nike received $216,776 in cash proceeds. Which of the following statements is true?
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On January 1, 2010, a company borrowed $50,000 cash by signing a 7% installment note that is to be repaid in 5 annual end-of-year payments of $7,189. The first payment is due on December 31, 2010.
A bond have a 9.5 percent coupon and pay interest semi-annually. Currently, the bonds are priced at $1,063.15. The company issued this 20-year bond twelve years ago. What is the yield to maturity?
At the end of each month for the next ten years you will receive cash flows of $50. If the discount rate is 7.2%, compounded monthly how much would you pay for the annuity?
A company issued 7%, 4-year bonds with a par value of $200,000. The market rate when the bonds were issued was 7.5%. The company received $190,200 cash for the bonds.
New Wave Co. sold 14,000 annual subscriptions of Game Life for $51 during December 2012. These new subscribers will receive monthly issues, beginning in January 2013. In addition, the business had taxable income of $448,000 during the first calend
A machine can be purchased for $300,000 and used for 5 years, yielding the following net incomes. In projecting net incomes, double-declining balance depreciation is applied, using a 5-year life and a $50,000 salvage value.
X was interesting in ivesting in bonds and , on 01/01/12 purchased 10% bonds dated january 1, 2012. These bonds had a face amount of $10 million, pay interest on 6/30 and 12/31, and mature in 10 years.
Explain what the term "Business" means and why it is important to a prosperous economy. In your explanation, be sure to include a definition and examples of stakeholders, quality of life, standard of living, invisible hand and profit.
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Identify the steps salespeople should take to avoid trust-destroying conflicts with customers. (Check all that apply.)
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Question: What is a limitation to virtue ethics? From your understanding name the biggest obstacle that virtue ethics raises?