a | Semi-annual Interest Amount | $ 7,200.00 |
($160000*9%/2) | ||
b | PV Annuity Factor for (20 Years,4%) | 13.5903 |
c | Present Value Of Annual Interest (a*b) | $ 97,850.35 |
d | Redemption Value | $ 1,60,000.00 |
e | PV Factor Of (20 Years,4%) | 0.45639 |
g | Present Value Of Redemption Amount (d*e) | $ 73,021.91 |
f | Intrinsic Value ( Price ) Of The Bond (c+g) | $ 1,70,872.26 |
CORRECT OPTION: SECOND
Sand Explorers issues bonds due in 10 years with a stated interest rate of 9% and...
18. Sand Explorers issues bonds due in 10 years with a stated interest rate of 8% and a face value of $190,000. Interest payments are made semi-annually. The market rate for this type of bond is 7%. Using present value tables, calculate the issue price of the bonds (EV of S1, PV of S1, EVA of 51. PVA of SI EVAD. 51 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $149,966 $234.429 $190,000 $203.502. 19....
Sand Explorers issues bonds due in 10 years with a stated interest rate of 7% and a face value of $220,000. Interest payments are made semi-annually. The market rate for this type of bond is 6%. Using present value tables, calculate the issue price of the bonds. (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.)
Sand Explorers issues bonds due in 12 years with a stated interest rate of 9% and a face value of $280,000. Interest payments are made semi-annually. The market rate for this type of bond is 8%. Using present value tables, calculate the issue price of the bonds. (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.) Multiple Choice $206,146. $301,346. $351,129. $280,000.
Sand Explorers issues bonds due in 10 years with a stated interest rate of 7% and a face value of $220,000. Interest payments are made semi-annually. The market rate for this type of bond is 6%. Using present value tables, calculate the issue price of the bonds. (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.) Multiple Choice $220,000. $236,367. $179,520. $273,960.
Sand Explorers issues bonds due in 15 years with a stated interest rate of 9% and a face value of $320,000. Interest payments are made semi-annually. The market rate for this type of bond is 8%. Using present value tables, calculate the issue price of the bonds. (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.) Multiple Choice $414,082. $320,000. O o oo...
20- Sand Explorers issues bonds due in 10 years with a stated interest rate of 7% and a face value of $180,000. Interest payments are made semi-annually. The market rate for this type of bond is 6%. Using present value tables, calculate the issue price of the bonds. (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.) $146,880. $193,390. $180,000. $224,149.
Sand Explorers issues bonds due in 10 years with a stated interest rate of 6% and a face value of $210,000. Interest payments are made semi-annually. The market rate for this type of bond is 5%. Using present value tables, calculate the issue price of the bonds. (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.) Multiple Choice $177,569. $226,369. Loooo $264,081. $210,000.
Sand Explorers issues bonds due in 10 years with a stated interest rate of 8% and a face value of $150,000. Interest payments are made semi-annually. The market rate for this type of bond is 7%. Using present value tables, calculate the issue price of the bonds. (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.) Multiple Choice $118,394. $160,660. $185,076. $150,000.
Mind Explorers issues bonds with a stated interest rate of 8%, face value of $180,000, and due in 10 years. Interest payments are made semi-annually. The market rate for this type of bond is 7%. Using present value tables, calculate the issue price of the bonds. (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.) Multiple Choice O 892792 5467162 o O S146,426...
Mind Explorers issues bonds with a stated interest rate of 9%, face value of $190,000, and due in 10 years. Interest payments are made semi- annually. The market rate for this type of bond is 8%. Using present value tables, calculate the issue price of the bonds. (EV of $1. PV of St. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) $202,911. $154,111. $190,000 $177,090