Homework Answers
Present value of the bond = $17,100 (PVIFA 6%,6) + $342,000 (PVIF 6%,6th year)
= $17,100(4.91732 ) + $342,000 (0.70496)
= $84,086.172 + $241,096.32
= $325,182.492
Therefore the present value of the bond $342,000 is $325,182.49
Add Answer to:
nmen Use the following tables to calculate the present value of a $342,000-5%, 6-year bond that...
Use the following tables to calculate the present value of a $506,000 @ 5%, 5-year bond...
Use the following tables to calculate the present value of a $506,000 @ 5%, 5-year bond that pays $25,300 interest annually, if the market rate of interest is 10%. Round to the nearest dollar Present Value of $1 Present Value of Annuity of $1 6% 94340 Periods 5% 6% 7% 10% | Periods 5% 10% 95238 .94340 .93458.909091 90703 .89000 .87344 .826452 86384 .83962 .81630 751313 82270 .79209.76290 683014 78353 74726 .71299 .62092 74622 70496 .66634.56447 71068 .66506 .62275 .51316...
please show all steps Calculator Use the following tables to calculate the present value of a...
please show all steps
Calculator Use the following tables to calculate the present value of a $245,000 @ 5%, 5-year bond that pays $12,250 interest annually, if the market rate of interest is 10%. Round to the nearest dollar. Present Value of $1 Present Value of Annuity of $1 Periods 5% 6% 7% 10% ! Periods 5% 6% 7% 10% 95238 94340 93458 90909 1 95238 94340 93458 .90909 2 9070389000 87344 82645 : 2 1.85941 1.83339 1.80802 1.73554 2...
Calculator 82545 Use the following tables to calculate the present value of a $121,000 o 5%,...
Calculator 82545 Use the following tables to calculate the present value of a $121,000 o 5%, 6-year bond that pays $6,050 interest annually, if the market rate of interest is 5%. Round to the nearest dollar Present Value of $1 Present Value of Annuity of $1 Periods 5% 6% 7% 10% Periods 79% .95238 94340 93458 90909 95238 94340 93458 90909 .90703 89000 87344 1.83339 1.80802 1.73554 .8638483962 .81630 75131 2.72325 2.67301 2.62432 2.48685 .82270 79209 76290 .68301 3.54595 3.46511...
TABLE 3 Present Value of 1 (n) Periods 2 3 4 5 6 7 8 9...
TABLE 3 Present Value of 1 (n) Periods 2 3 4 5 6 7 8 9 10 4% .96154 .92456 .88900 .85480 .82193 .79031 .75992 .73069 .70259 .67556 .64958 .62460 .60057 .57748 .55526 .53391 51337 .49363 .47464 .45639 5% .95238 .90703 .86384 .82270 .78353 .74622 .71068 .67684 .64461 .61391 .58468 .55684 .53032 .50507 .48102 .45811 .43630 .41552 .39573 .37689 6% .94340 .89000 .83962 .79209 .74726 .70496 .66506 .62741 .59190 .55839 .52679 .49697 .46884 .44230 41727 .39365 .37136 .35034 .33051 31180...
The following terms relate to independent bond issues: 400 bonds; $1,000 face value; 8% stated rate;...
The following terms relate to independent bond issues: 400
bonds; $1,000 face value; 8% stated rate; 5 years; annual interest
payments 400 bonds; $1,000 face value; 8% stated rate; 5 years;
semiannual interest payments 820 bonds; $1,000 face value; 8%
stated rate; 10 years; semiannual interest payments 2,150 bonds;
$500 face value; 12% stated rate; 15 years; semiannual interest
payments Use the appropriate present value table: PV of $1 and PV
of Annuity of $1 Required: Assuming the market rate...
Hillsong Inc. manufactures snowsuits. Hillsong is considering purchasing a new sewing machine at a cost of...
Hillsong Inc. manufactures snowsuits. Hillsong is considering purchasing a new sewing machine at a cost of $2.45 million. Its existing machine was purchased five years ago at a price of $1.8 million; six months ago, Hillsong spent $55,000 to keep it operational. The existing sewing machine can be sold today for $239,855. The new sewing machine would require a one-time, $85,000 training cost. Operating costs would decrease by the following amounts for years 1 to 7: Year 1 $389,000 2...
Please explain in-depth how to calculate this and read the tables please! Brief Exercise G-9 Click...
Please explain in-depth how to calculate this and read the
tables please!
Brief Exercise G-9 Click here to view the factor table 1. Click here to view the factor table 2. Click here to view the factor table 3. Click here to view the factor table 4. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $34,100 due 9 periods from now, discounted at 4%? (Round answer to...
Brief Exercise G-16, please explain thoroughly! Brief Exercise G-16 Coronado Industries receives a $74,500, 6-year note...
Brief Exercise G-16, please explain thoroughly!
Brief Exercise G-16 Coronado Industries receives a $74,500, 6-year note bearing interest of 11% (paid annually) from a customer at a time when the discount rate is 6%. Click here to view the factor table 1. Click here to view the factor table 2. Click here to view the factor table 3. Click here to view the factor table 4. What is the present value of the note received by Coronado? (For calculation purposes,...
Brief Exercise G-15 Brief Exercise G-15 Sheridan Company is about to issue $740,000 of 10-year bonds...
Brief Exercise G-15
Brief Exercise G-15 Sheridan Company is about to issue $740,000 of 10-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 1. Click here to view the factor table 2. Click here to view the factor table 3. Click here to view the factor table 4. In this case, how much can Sheridan expect to receive from the sale of these...
Brief Exercise G-17, please explain thoroughly! Brief Exercise G-17 Crane Company issued 8%, 8-year, $2,726,800 par...
Brief Exercise G-17, please explain thoroughly!
Brief Exercise G-17 Crane Company issued 8%, 8-year, $2,726,800 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2019, and are issued on that date. The discount rate of interest for such bonds on April 1, 2019, is 10%. Click here to view the factor table 1. Click here to view the factor table 2. Click here to view the factor table 3. Click...
Use the following tables to calculate the present value of a $506,000 @ 5%, 5-year bond that pays $25,300 interest annually, if the market rate of interest is 10%. Round to the nearest dollar Present Value of $1 Present Value of Annuity of $1 6% 94340 Periods 5% 6% 7% 10% | Periods 5% 10% 95238 .94340 .93458.909091 90703 .89000 .87344 .826452 86384 .83962 .81630 751313 82270 .79209.76290 683014 78353 74726 .71299 .62092 74622 70496 .66634.56447 71068 .66506 .62275 .51316...
please show all steps
Calculator Use the following tables to calculate the present value of a $245,000 @ 5%, 5-year bond that pays $12,250 interest annually, if the market rate of interest is 10%. Round to the nearest dollar. Present Value of $1 Present Value of Annuity of $1 Periods 5% 6% 7% 10% ! Periods 5% 6% 7% 10% 95238 94340 93458 90909 1 95238 94340 93458 .90909 2 9070389000 87344 82645 : 2 1.85941 1.83339 1.80802 1.73554 2...
Calculator 82545 Use the following tables to calculate the present value of a $121,000 o 5%, 6-year bond that pays $6,050 interest annually, if the market rate of interest is 5%. Round to the nearest dollar Present Value of $1 Present Value of Annuity of $1 Periods 5% 6% 7% 10% Periods 79% .95238 94340 93458 90909 95238 94340 93458 90909 .90703 89000 87344 1.83339 1.80802 1.73554 .8638483962 .81630 75131 2.72325 2.67301 2.62432 2.48685 .82270 79209 76290 .68301 3.54595 3.46511...
TABLE 3 Present Value of 1 (n) Periods 2 3 4 5 6 7 8 9 10 4% .96154 .92456 .88900 .85480 .82193 .79031 .75992 .73069 .70259 .67556 .64958 .62460 .60057 .57748 .55526 .53391 51337 .49363 .47464 .45639 5% .95238 .90703 .86384 .82270 .78353 .74622 .71068 .67684 .64461 .61391 .58468 .55684 .53032 .50507 .48102 .45811 .43630 .41552 .39573 .37689 6% .94340 .89000 .83962 .79209 .74726 .70496 .66506 .62741 .59190 .55839 .52679 .49697 .46884 .44230 41727 .39365 .37136 .35034 .33051 31180...
The following terms relate to independent bond issues: 400
bonds; $1,000 face value; 8% stated rate; 5 years; annual interest
payments 400 bonds; $1,000 face value; 8% stated rate; 5 years;
semiannual interest payments 820 bonds; $1,000 face value; 8%
stated rate; 10 years; semiannual interest payments 2,150 bonds;
$500 face value; 12% stated rate; 15 years; semiannual interest
payments Use the appropriate present value table: PV of $1 and PV
of Annuity of $1 Required: Assuming the market rate...
Please explain in-depth how to calculate this and read the
tables please!
Brief Exercise G-9 Click here to view the factor table 1. Click here to view the factor table 2. Click here to view the factor table 3. Click here to view the factor table 4. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $34,100 due 9 periods from now, discounted at 4%? (Round answer to...
Brief Exercise G-16, please explain thoroughly!
Brief Exercise G-16 Coronado Industries receives a $74,500, 6-year note bearing interest of 11% (paid annually) from a customer at a time when the discount rate is 6%. Click here to view the factor table 1. Click here to view the factor table 2. Click here to view the factor table 3. Click here to view the factor table 4. What is the present value of the note received by Coronado? (For calculation purposes,...
Brief Exercise G-15
Brief Exercise G-15 Sheridan Company is about to issue $740,000 of 10-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 1. Click here to view the factor table 2. Click here to view the factor table 3. Click here to view the factor table 4. In this case, how much can Sheridan expect to receive from the sale of these...
Brief Exercise G-17, please explain thoroughly!
Brief Exercise G-17 Crane Company issued 8%, 8-year, $2,726,800 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2019, and are issued on that date. The discount rate of interest for such bonds on April 1, 2019, is 10%. Click here to view the factor table 1. Click here to view the factor table 2. Click here to view the factor table 3. Click...
Most questions answered within 3 hours.
-
(2 dimensions, 1 object, 2 accelerations)
1) A projectile is thrown with a wind. The wind...
asked 16 minutes ago -
Brian makes $34,100 per year. How much can Brian expect to
contribute to FICA taxes in...
asked 1 hour ago -
To buy a new house you must borrow $155,000. To do this you take
out a...
asked 1 hour ago -
Spacely Sprockets is evaluating the construction of a new plant
on land the company purchased for...
asked 2 hours ago -
1. Consider a linear regression model of y on K regressors and
an intercept.
(i) Describe...
asked 2 hours ago -
Enter a balanced equation for the reaction between hydrochloric
acid and sodium sulfite.
Express your answer...
asked 2 hours ago -
Give a regular expression describing the language
{x | x ∈ Σ* and x does not...
asked 2 hours ago -
Masses of 1.0 kg, 2.0 kg, and 3.0 kg are each separately subject
to a net...
asked 2 hours ago -
The mode of philosophical argumentation and thought. How do
philosophers think and write? What is important...
asked 2 hours ago -
At the beginning of the unit, you were asked whether you thought
it was appropriate or...
asked 2 hours ago -
Calculate the grams of carbon in 9.32 x 10+23 molecules of
benzene (C6H6).
asked 2 hours ago -
A 5-year Treasury bond has a 4.95% yield. A 10-year Treasury
bond yields 6.6%, and a...
asked 2 hours ago