Dempsey Railroad Co. is about to issue $306,000 of 9-year bonds
paying an 12% interest rate, with interest payable semiannually.
The discount rate for such securities is 10%.
How much can Dempsey expect to receive for the sale of these
bonds? (Round answer to 0 decimal places, e.g.
2,525.)
Amount | PV factor 5% | Present value | |
Semiannual interest | 18360 | 11.68959 | 214621 |
Principal | 306000 | 0.41552 | 127149 |
Total | 341770 | ||
Amount to be received for the sale of these bonds = $ 341770 | |||
Workings: | |||
Semiannual interest | 18360 | =306000*12%/2 | |
PV factor 5%: | |||
Semiannual interest | 11.68959 | =(1-(1.05)^-18)/0.05 | |
Principal | 0.41552 | =1/1.05^18 |
Dempsey Railroad Co. is about to issue $306,000 of 9-year bonds paying an 12% interest rate,...
Dempsey Railroad Co. is about to issue $266,000 of 7-year bonds
paying an 12% interest rate, with interest payable semiannually.
The discount rate for such securities is 10%.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
How much can Dempsey expect to receive for the sale of these bonds?
(Round answer to 0 decimal places, e.g.
2,525.)
Dempsey can expect to receive
$
Dempsey Railroad Co. is about to issue $304,000 of 6-year bonds
paying an 9% interest rate, with interest payable semiannually. The
discount rate for such securities is 10%.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
In this case, how much can Dempsey expect to receive from the sale
of these bonds? (Round answer to 0 decimal places, e.g.
2,525.)
Dempsey can expect to receive
$
Dempsey Railroad Co. is about to issue $290,000 of 6-year bonds paying an 12% interest rate, with interest payable semiannually. The discount rate for such securities is 10%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Dempsey expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.) Dempsey can expect to receive $Entry field with incorrect answer...
Dempsey Railroad Co. is about to issue $252,000 of 7-year bonds
paying an 11% interest rate, with interest payable semiannually.
The discount rate for such securities is 12%.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
In this case, how much can Dempsey expect to receive from the sale
of these bonds? (Round answer to 0 decimal places, e.g.
2,525.)
Dempsey can expect to receive
$
Dempsey Railroad Co. is about to issue $320,000 of 6-year bonds
paying an 10% interest rate, with interest payable semiannually.
The discount rate for such securities is 8%.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
How much can Dempsey expect to receive for the sale of these bonds?
(Round answer to 0 decimal places, e.g.
2,525.)
Dempsey can expect to
receive
$
Dempsey Railroad Co. is about to issue $334,000 of 8-year bonds
paying an 10% interest rate, with interest payable semiannually.
The discount rate for such securities is 8%.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
How much can Dempsey expect to receive for the sale of these bonds?
(Round answer to 0 decimal places, e.g.
2,525.)
Dempsey can expect to receive
$
Brief Exercise A-14 Dempsey Railroad Co. is about to issue $276,000 of 6-year bonds paying an 11% interest rate, with interest payable semiannually. The discount rate for such securities is 12%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) In this case, how much can Dempsey expect to receive from the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.) Dempsey can expect to...
Brief Exercise A-13 Dempsey Railroad Co. is about to issue $266,000 of 7-year bonds paying an 12% interest rate, with interest payable semiannually. The discount rate for such securities is 10%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Dempsey expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.) Dempsey can expect to receive
Dempsey Railroad Co. is about to issue 286,000 of 9 year bonds
paying an 12% interest rate, with interest payable semiannually.
The discount rate for such securities is 8%
Question:
How mych can Dempsey expect to receive for the sale of these
bonds?
Dempsey can expect to recieve $____
CALCULATOR FULL SCREEN PRINTER VERSION BACK Brief Exercise A-13 Dempsey Railroad Co. is about to issue $286,000 of 9-year bonds paying an 12% Interest rate, with interest payable semiannually. The discount...
Assignment CALCULATOR FULL SCREEN PRINTER VERSION URCES Brief Exercise A-14 Dempsey Railroad Co. is about to issue $325,000 of 9-year bonds paying an 11% interest rate, with interest payable semiannually. The discount rate for such securities is 12% Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided) In this case, how much can Dempsey expect to receive from the sale of these bonds? (Round answer to decimal places,...