The PV of principal amount is correct but is written in Principal part instead of Interest part. | |||
Table values are based on: | |||
n= | 40 | 4500000 | |
i= | 3.0% | ||
Cash Flow | Table Value | Amount | Present Value |
PV of Interest | 23.11477 | $45,00,000 | $10,40,16,465 |
PV of Principal | 0.306056 | $10,00,00,000 | $3,06,05,600 |
PV of Notes Payable | $13,46,22,065 |
A company issued 9%, 20-year bonds with a face amount of $100 million. The market yield...
Check my work A company issued 9%, 20-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of S1 and PVAD of $1 (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars.) Table values are based on: 3.0% Amount 4,500,000 100,000,000...
Saved Help A company issued 9%, 20-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity is 6% Interest is paid semiannually. At what price did the bonds sell? (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of S1 and PVAD of S (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars.) Table values are based on: Present Value Cash Flow Interest...
A company issued 10%, 10-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity is 4%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars.) Table values are based on: Amount Present Value Cash Flow Interest Principal...
A company issued 9%, 10-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity is 8%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1, PV of $1, FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars.) Table values are based on: n = Amount Present Value Cash Flow...
A company issued 9%, 15-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars.) 5.88 points Table values are based on: Skipped eBook Amount Present Value...
A company issued 10%, 10-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity is 8% Interest is paid semiannually. At what price did the bonds sell? (FV of $1 PV of $1. FVA of $1 PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars.) Table values are based on: Amount Present Value Cash Flow Interest Principal...
A company issued 10%. 20-year bonds with a face amount of $87 million. The market yield for bonds of similar risk and maturity is 10% Interest is paid semiannually. At what price did the bonds sell? (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars. Round final answers to the nearest whole dollar.) Table values are based...
A company issued 9%, 15-year bonds with a face amount of $52 million. The market yield for bonds of similar risk and maturity is 9%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars. Round final answers to the nearest whole dollar.) 5.88 points eBook Table...
A company issued 6%, 15-year bonds with a face amount of $67 million. The market yield for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars. Round final answers to the nearest whole dollar.) Table values are based...
A company issued 6%, 15-year bonds with a face amount of $55 million. The market yield for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1. PV of $1 FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars. Round final answers to the nearest whole dollar.) Table values are based...