Riordan inc has a bond outstanding that has a 1000 par


1. Dog, Inc. has total assets of $62,800, fixed assets of $52,400, long-term debt of $36,300, and total debt of $43,900. If inventory is $3,200, what is the current ratio?

2. What is the value in year 6 of a $2,800 cash flow made in year 8 if interest rates are 8 percent?

3. Riordan Inc. has a bond outstanding that has a $1,000 par value, semiannual coupon rate of 4% and a current yield of 7.9%. What is the price of the bond?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Riordan inc has a bond outstanding that has a 1000 par
Reference No:- TGS02775820

Expected delivery within 24 Hours