Assume the an effective interest rate
A 10 year 20000 was issued at a nominal interest rate of 8% with semianual compounding. just after the fourth interest payment the bond will be sold. assume the an effective interest rate of 6.09% will apply and calculate the price of the bond.
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Martinez Company’s ledger shows the following balances on December 31, 2010. 5% Preferred stock—$10 par value, outstanding 20,000 shares $ 200,000.
The Ottey Corporation issued 10-year, $4,000,000 par, 7% callable convertible subordinated debentures on January 2, 2010. The bonds have a par value of $1,000.
your salary in year 1 is 60,000 you deposit 10% at the end of each year into a savings account that earns 7% nominal interest . your salary increases 5% per year. what values does your savings account show after 40 years?
Companies are spending more money for great benefits, for all employees to be covered equally. The demographic composition of the workforce is a major issue that organizations face.
A couple plans to purchase a home for $250,000. Property taxes are expected to be $1,900 per year while insurance premiums are estimated to be $700 per year.
An open-pit mine must fund an account now to pay for maintenance of a tailing pond in perpetuity (after the shuts down in 20 years). the costs until shutdown are part of the mines operating costs.
Sexual harassment occurs between two people only. The company should not be held liable for the actions of a few wayward supervisors. Do you agree or disagree with this statement? Explain.
Van Hatten Industries has three operating divisions-Depp Construction Division, DeMent Publishing Division, and Ankiel Securities Division. Each division maintains its own accounting system and method of revenue recognition.
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