How much can wildhorse expect to receive for sale of bonds

Assignment Help Accounting Basics
Reference no: EM132086242

Question: Wildhorse Co. is about to issue $329,900 of 6-year bonds paying an 11% interest rate, with interest payable semiannually. The discount rate for such securities is 10%.

(For calculation purposes, use 5 decimal places as displayed in the factor table provided.)

How much can Wildhorse expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.)

Wildhorse can expect to receive $

Entry field with incorrect answer

Reference no: EM132086242

Questions Cloud

Which of the quality improvement tools mentioned : Which of the Quality Improvement tools mentioned in Chapter 7 would be the most appropriate to analyze this situation? Why?
Regional or nationwide health information technology system : What are some possible benefits of a regional or nationwide health information technology system?
Discuss examples of sports stories : Discuss examples of sports stories where fans and/or the media are part of the story.
Cultural generalizations and stereotypes : Cultural generalizations, Stereotypes. When studying cultures, which of the following is NOT an approach to use?
How much can wildhorse expect to receive for sale of bonds : Wildhorse Co. is about to issue $329,900 of 6-year bonds paying an 11% interest rate, with interest payable semiannually. The discount rate for such securities.
Determine the ethical considerations of the case : The Whitley Corporation's year-end is December 31. It is now October 1, 2013. The Whitley management team is taking a look at the prior nine months.
Distinguish terrorism from normal street crime : Distinguish terrorism from normal street crime.
Negative impacts managerial audits : Discuss the reasons why Managerial Audits are conducted and the positive and negative impacts Managerial Audits can have on an organization.
Calculate the customer lifetime value : calculate the customer lifetime value if this shopper remains loyal over a 10-year life-span.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd