(1 point) A government issues $6000000 of serial bonds paying interest at ji = 8%, of...
(1 point) A government issues $6000000 of serial bonds paying interest at j1 = 4%, of which $2000000 is redeemed in 20 years, $3000000 is redeemed in 25 years and $1000000 is redeemed in 35 years. Determine the purchase price on the day that the bonds were issued, in order for investors to receive a yield of j1 = 11%. Answer: S
A government issues $6000000 of serial bonds paying interest at j12 = 9%, of which $1000000 is redeemed in 15 years, $1500000 is redeemed in 20 years and $3500000 is redeemed in 30 years. Determine the purchase price on the day that the bonds were issued, in order for investors to receive a yield of j12 = 7%.
A government issues $4000000 of serial bonds paying interest at j2 = 9%, of which $2000000 is redeemed in 10 years, $2000000 is redeemed in 15 years and $0 is redeemed in 20 years. Determine the purchase price on the day that the bonds were issued, in order for investors to receive a yield of j2 = 4%. Please do not round intermediate answers.
DO not round numbers during intermediate steps and for the final
answer. Thank you.
(1 point) A government issues $6000000 of serial bonds paying interest at j1 = 4%, of which $2000000 is redeemed in 20 years, $3000000 is redeemed in 25 years and $1000000 is redeemed in 35 years. Determine the purchase price on the day that the bonds were issued, in order for investors to receive a yield of j1 = 11%. Answer: S
DO not round numbers during intermediate steps and for the final
answer. Thank you.
(1 point) A government issues $6000000 of serial bonds paying interest at j1 = 4%, of which $2000000 is redeemed in 20 years, $3000000 is redeemed in 25 years and $1000000 is redeemed in 35 years. Determine the purchase price on the day that the bonds were issued, in order for investors to receive a yield of j1 = 11%. Answer: S
Assignment 12: Problem 5 Previous Problem Problem List Next Problem (1 point) A government issues $4000000 of serial bonds paying interest at j2 = 10%, of which $1000000 is redeemed in 20 years, $1000000 is redeemed in 30 years and $2000000 is redeemed in 35 years. Determine the purchase price on the day that the bonds were issued in order for investors to receive a yield of j2 - 4% Answer: $
(1 point) A company issues a 30-year $6000 bond, redeemable at 102 with bond interest at ji = 7%. The bond is callable at the end of 20 years for $4735, at the end of 25 years for $6235 or at the end of 15 years for $7280. Determine the price to guarantee the investor a yield of ji = 10%. Answer: $
(1 point) A company issues a 15-year $9500 bond, redeemable at 105 with bond interest at ji = 6%. The bond is callable at the end of 5 years for $7950 or at the end of 10 years for $9500. Determine the price to guarantee the investor a yield of ji = 11%. Answer: $
A company issues $16,900,000, 5.8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on June 30 and December 31. The bonds were issued for $16,509,360. a.) Using effective-interest amortization, how much interest expense will be recognized on June 30? b.) Using effective-interest amortization, how much will be amortized on the December 31 journal entry?
(1 point) A company issues a 30-year $5500 bond, redeemable at 100 with bond interest at j12 = 6%. The bond is callable at the end of 20 years for $4085, at the end of 25 years for $5640 or at the end of 15 years for $6790. Determine the price to guarantee the investor a yield of j12 = 10%. Answer: $