User Account

All Pages

How much was the reduction in the bond conversion

Assignment Help Accounting Basics
Reference no: EM132880762

Question - On January 1, 2020, Kabond issued a 3-year bond with conversion feature, 9% P1,000,000 at par. Without the conversion feature, the bonds would have sold for 89. Interest is payable semi-annually every June 30 and December 31. On May 30, 2021 the bonds were retired for P1,030,000. At retirement date, the bonds were selling at 91 without the conversion feature. How much was the reduction in the bond conversion privilege at retirement date?

Reference no: EM132880762

Questions Cloud

Global Sports Perspectives : The culminating experience of this course is to evaluate globalization trends from the perspective of a selected sport organization.
Develop a qualitative study : Your research committee has decided that they want you to develop a qualitative study to answer your research question.
How do place values on the world around : How the resources of a particular place may have influenced the way in which human beings behaved, but did not entirely determine that behavior.
Source Identification : Source Identification: Did you use external or internal resources? What do you believe a consistency of information relays about your topic/problem?
How much was the reduction in the bond conversion : The bonds were selling at 91 without the conversion feature. How much was the reduction in the bond conversion privilege at retirement date
Consider continuing your thesis research after graduation : Explain why you would or why you wouldn't consider continuing your thesis research after graduation.
Explain barriers to change and how to address the barriers : 1. Explain the importance of continuing education regarding organizational change
Measure digital security training outcome : How to measure digital security training's outcome like the effectiveness of these measurements will be taken by conducting questionnaires, attendance tracking
What groups fought for rights in the history of modern : What groups fought for their rights in the History of Modern Europe (list chronologically) and on the basis of what principle could advance demands for rights?

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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