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A company issues bonds with a par value of $800,000 on their issue date. The bonds mature in 5 years and pay 6% annual interest in two semiannual payments. On the issue date, the market rate of interest is 8%. Compute the price of the bonds on their issue date. The following information is taken from present value tables:
in 2012 smith a divorced person provided over one-half the support for his widowed mother ruth and his son clay both of
You read in the wall street journal that 30 day US treasury bills are currently yielding 8%. your brother in law, a broker, a broker at Kyoto Securities, has given you the following estimates of current interest rate premiums:
Corporate capital losses can only be claimed against capital gains in the year of the loss plus the previous three years and five future years.
book company had net income of 75000. on january 1 there were 10000 shares of common stock outstanding. on may 31 the
Pensions When should the cost of providing pension benefits to the employees by expensed? A. As the contributions are made to the plan B. As the employee works C. As the benefits are paid to employees How should the effect of amendment to a plan b..
what is the sarbanes-oxley act of 2002 sox has emphasized the importance of ethical behavior and codes of conduct.
How do management's responsibilities and the auditors' responsibilities differ in terms of the financial statements presented?
use the following selected date and additional information from the records of hitchcock corporation to answer the
What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project?
assume you are the division controller for auntie ms cookie company. antie m has introduced a new chocolate chip cookie
Discuss potential liquidity issues based on your calculations of the current and quick ratios. Are there any factors that could be erroneously influencing the results of the ratios Discuss liquidity issues of competitive companies within the same ..
stephen anest started a new business called repairs r us inc. at the beginning of the year. unfortunately stephen has
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