Vaughn Corporation issues $430,000 of 9% bonds, due in 9 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Compute the issue price of the bonds.
The issue price is calculated using the PV function as follows:-
=PV(rate,nper,pmt,fv)
=PV(10%/2,9*2,9%/2*430000,430000)
=404867.39
Vaughn Corporation issues $430,000 of 9% bonds, due in 9 years, with interest payable semiannually. At...
Wildhorse Corporation issues $410,000 of 9% bonds, due in 9 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%, Compute the issue price of the bonds.
Kingbird Corporation issues $590,000 of 9% bonds, due in 10 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Compute the issue price of the bonds.
Cullumber Corporation issues $550,000 of 9% bonds, due in 9
years, with interest payable semiannually. At the time of issue,
the market rate for such bonds is 10%.
Compute the issue price of the bonds. (Round present
value factor calculations to 5 decimal places, e.g. 1.25124 and the
final answer to 0 decimal places e.g.
58,971.)
Issue price of the bonds
$
Splish Corporation issues $450,000 of 9% bonds, due in 9 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Click here to view factor tables. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 58,971.) Issue price of the bonds:
Concord Corporation issues $550,000 of 9% bonds, due in 9 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Click here to view factor tables. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to O decimal places e.g. 58,971.) Issue price of the bonds $
Novak Corporation issues $550,000 of 9% bonds, due in 9 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Click here to view factor tables. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 58,971.) Issue price of the bonds$enter the issue price of the bonds rounded to 0 decimal places
Carla Corporation issues $380,000 of 9% bonds, due in 10 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10% Click here to view factor tables. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places eg. 58,971.) Issue price of the bonds $
Wildhorse Corporation issues $450,000 of 8% bonds, due in 9 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 58,971.)
Whispering Corporation issues $560,000 of 8% bonds, due in 10 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%.Compute the issue price of the bonds.
Oriole Corporation issues $520,000 of 9% bonds, due in 10 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Click here to view factor tables. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 58,971.) Issue price of the bonds $ On January 2, 2015, Novak Corporation issued $1,100,000 of 10% bonds at...