Homework Answers
At the time of maturity both principal and interest is due.
It means principal and also interested is payable on maturity date.
Hence, correct is 3rd option i.e., The principal amount and interest due.
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Question 11 4 pts What is the maturity value of a note? The principal amount minus...
What is a bond? What is face/principal value? What is maturity value? What is stated interest...
What is a bond? What is face/principal value? What is maturity value? What is stated interest rate? What the types of bonds and be able to define each one? What is a bond issued at premium, at discount or par (face) value mean? What is market interest rate? What is maturity date? Why do investors buy bonds? What is leverage? What is debt-to-equity ratio?
Match the following terms with their definitions Chicoed 1 Amount bank charges in the discounting process...
Match the following terms with their definitions Chicoed 1 Amount bank charges in the discounting process 2 Rate bank charges in the discounting process 3. Number of days bank will wait for its money in the discount process 4. True rate of interest 5. The principal 6. Maturity value greater than original note 7. Ability to borrow quickly 8 Signs the note 9. Due date 10 Cash paid on due date 11. Maturity value minus bank discount 12 A written...
Use ordinary interest: Principal $70,000 Rate of Interest: 11% Time: 90 days Maturity Value: A Date note made Mar 10 Date note discounted: April 15 discount period: B proceeds: C note to be discounted at 10%
Use ordinary interest: Principal $70,000 Rate of Interest: 11% Time: 90 days Maturity Value: A Date note made Mar 10 Date note discounted: April 15 discount period: B proceeds: C note to be discounted at 10%
On 1 January 20X9, a borrower signed a long-term note, face amount, $2,150,000; time to maturity,...
On 1 January 20X9, a borrower signed a long-term note, face amount, $2,150,000; time to maturity, three years; stated rate of interest, 2%. The effective rate of interest of 6% determined the cash received by the borrower. The principal of the note will be paid at maturity; stated interest is due at the end of each year. (PV of $1, PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. Compute the cash received...
Exercise 16.2 Determining the maturity value of notes. Compute the maturity value for each of the...
Exercise 16.2 Determining the maturity value of notes. Compute the maturity value for each of the following notes: A note payable with a face amount of $25,000, dated June 15, 2019, due in three months, bearing interest at 7 percent. A note payable with a face amount of $22,000, dated May 5, 2019, due in 45 days, bearing interest at 8 percent.
Question 21 4 pts The principal represents an amount of money deposited in a savings account...
Question 21 4 pts The principal represents an amount of money deposited in a savings account subject to compound Interest at the given rate. Find how much money will be in the account after the given number of years (Assume 360 days in a year.), and how much interest was earned. A - P(1.4) Principal: $10,000 Rate: 5% Compounded: semiannually Time: 5 years amount in account: $12.762.82: interest earned: $2762.82 amount in account: $11,314.08: interest earned: $1314.08 amount in account:...
On November 1, Alan Company signed a 120-day, 8% note payable, with a face value of...
On November 1, Alan Company signed a 120-day, 8% note payable, with a face value of $9,000. What is the maturity value (principal plus interest) of the note on March 1?
> Question 4 10 pts Assume you buy a bond with the following features Bond maturity...
> Question 4 10 pts Assume you buy a bond with the following features Bond maturity = 6 Coupon Rate = 4.00% Face Value = $1,000 Annual Coupons When you buy the bond the market interest rate : 4.00% Immediately after you buy the bond the interest rate changes to 3.50% What is the "price risk" effect in year 3? -$14.43 -$14.01 $14.01 -$13.59 $13.59 $1443
1) The principal amount of a bond that is repaid at the end of the loan...
1) The principal amount of a bond that is repaid at the end of the loan term is called the bond's: A) coupon B) face value. C) maturity D) yield to maturity E) coupon rate. 2) A bond with a face value of $1,000 that sells for $1.000 in the market is called a bond A) par value B) discount C) premium D) zero coupon E) floating rate 3) A bond with a coupon rate of 6 percent that pays...
On November 1, Alan Company signed a 120-day, 9% note payable, with a face value of...
On November 1, Alan Company signed a 120-day, 9% note payable, with a face value of $25,200. What is the maturity value (principal plus interest) of the note on March 1? (Use 360 days a year.) Multiple Choice $25,956 $25,704 $25,200 $25,452
What is a bond? What is face/principal value? What is maturity value? What is stated interest rate? What the types of bonds and be able to define each one? What is a bond issued at premium, at discount or par (face) value mean? What is market interest rate? What is maturity date? Why do investors buy bonds? What is leverage? What is debt-to-equity ratio?
Match the following terms with their definitions Chicoed 1 Amount bank charges in the discounting process 2 Rate bank charges in the discounting process 3. Number of days bank will wait for its money in the discount process 4. True rate of interest 5. The principal 6. Maturity value greater than original note 7. Ability to borrow quickly 8 Signs the note 9. Due date 10 Cash paid on due date 11. Maturity value minus bank discount 12 A written...
Question 21 4 pts The principal represents an amount of money deposited in a savings account subject to compound Interest at the given rate. Find how much money will be in the account after the given number of years (Assume 360 days in a year.), and how much interest was earned. A - P(1.4) Principal: $10,000 Rate: 5% Compounded: semiannually Time: 5 years amount in account: $12.762.82: interest earned: $2762.82 amount in account: $11,314.08: interest earned: $1314.08 amount in account:...
> Question 4 10 pts Assume you buy a bond with the following features Bond maturity = 6 Coupon Rate = 4.00% Face Value = $1,000 Annual Coupons When you buy the bond the market interest rate : 4.00% Immediately after you buy the bond the interest rate changes to 3.50% What is the "price risk" effect in year 3? -$14.43 -$14.01 $14.01 -$13.59 $13.59 $1443
1) The principal amount of a bond that is repaid at the end of the loan term is called the bond's: A) coupon B) face value. C) maturity D) yield to maturity E) coupon rate. 2) A bond with a face value of $1,000 that sells for $1.000 in the market is called a bond A) par value B) discount C) premium D) zero coupon E) floating rate 3) A bond with a coupon rate of 6 percent that pays...
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