Homework Answers
Cash proceeds from issuance of the bonds = Present value of interest at 8%, 7 year + present value of maturity amount at 8%, 7th year
= 320000*6%*5.2064 + 320000*0.5835
= $286682
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Brief Exercise G-16
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Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
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for such bonds on April 1, 2022, is 8%.
Please help! They give you this factor table, too.
This should be all you need! Please help me!
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Link to view the factor table (https://education.wiley.com/content/Kimmel_Financial_Accounting_9e/media/simulations/hid...
Link to view the factor table
(https://education.wiley.com/content/Kimmel_Financial_Accounting_9e/media/simulations/hidden/Wey_Fin_9e_pvtables.pdf)
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Brief Exercise G-16
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for such bonds on April 1, 2022, is 8%.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
What cash proceeds did Pharoah receive from issuance of the bonds?
(Round answer...
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pay interest annually on April 1. The bonds are dated April 1,
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Please help! They give you this factor table, too.
This should be all you need! Please help me!
_ Your answer is incorrect. Blossom Company issued 6%, 7-year, $310,000 par value bonds that pay interest annually on...
Link to view the factor table
(https://education.wiley.com/content/Kimmel_Financial_Accounting_9e/media/simulations/hidden/Wey_Fin_9e_pvtables.pdf)
Current Attempt in Progress Ivanhoe Company issued 6%, 6-year, $270,000 par value bonds that pay interest annually on April 1. The bonds are dated April 1, 2022, and are issued on that date. The discount rate of interest for such bonds on April 1, 2022, is 8% Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What cash proceeds did Ivanhoe...
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