User Account

All Pages

What is the ending value of the bond

Assignment Help Accounting Basics
Reference no: EM13342597

You buy an 8% annual coupon bond from CARRIS Inc. that has a 25 year maturity and a required return of 12%. The par value is $1,000. You sell the bond five years later when the required return is 10%. What is the ending value of the bond when it is sold (to the nearest dollar)?

1) $889

2) $928

3) $1,000

4) $830

Reference no: EM13342597

Questions Cloud

What was the depreciation expense for 2012 : Referring to the information in the question, provide four examples of accounting policy choices that ANZ may have made in determining profit that may have increased this year's profit.
What should be the weight to t-bill in passive portfolio : Consider an investor who believes in CAPM and is willing to bear the amount of systematic risk given beta of 1.2. Investor buys the passive portfolio by combining the market portfolio and T-bills. What should be the weight to T-bill in her pas..
Explain the seven categories of matter : Of the seven categories of matter (metallic network, non-metallic network, ionic-covalent network, ionic network, polar molecular, weakly polar molecular, and non-polar molecular), which are the most similar. Why
How much in dividend was paid during the year 2012 : The general manager proposed changes in the company's accounting policies in a few areas in an attempt to show a higher profit. He met the company's auditors to discuss these ideas. What do you think the auditors should have said?
What is the ending value of the bond : You buy an 8% annual coupon bond from CARRIS Inc. that has a 25 year maturity and a required return of 12%. The par value is $1,000. You sell the bond five years later when the required return is 10%. What is the ending value of the bond when ..
What capacitive reactance does the capacitor have : A certain capacitor in a circuit has a capacitive reactance of 30.89 ohms when the frequency is 177 Hz. What capacitive reactance does the capacitor have
Describe the reaction flask after washing it with water : Describe and explain how each of the following experimental errors or variations might affect your results. a) you failed to dry the reaction flask after washing it with water.
What must be the amplitude of the wave : A sinusoidal transverse wave travels on a string. The string has length 7.95m and mass 6.45g. what must be the amplitude of the wave
What is the beginning price of the bond : You buy an 8% annual coupon bond from CARRIS Inc. that has a 25 year maturity and a required return of 12%. The par value is $1,000. You sell the bond five years later when the required return is 10%. What is the beginning price of the bond wh..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Entry for the issuance assuming the par value

Give the entry for the issuance assuming the par value of the common was $5 and the market value $30, and the par value of the preferred was $40 and the market value $50. (Each valuation is on a per share basis and there are ready markets for each..

  Alternative audit procedures

A substantial number of hours was spent by Raleigh and Mincin in resolving relatively minor differences between the confirmation replies and the accounting records. Alternative audit procedures were used for supplier who did not respond to the con..

  Computing the average collection period

Which of the following factors are used to compute the average collection period?

  Different types of financing

Discuss the advantages and disadvantages of different types of financing:

  Information about basic accounting

Management uses accounting information to run the business (and be sure they get bonuses based on profitability ) stockholders use it to be sure they continue to have a sound investment, a banker may use it to monitor credit trends and for compari..

  Journal entry to the financial statement

In your diagram, show several transactions and how they would be tracked from the journal entry to the financial statement and back to the journal entry.

  Disadvantages of job order costing-procss costing

What are the advantages and disadvantages of job order costing, procss costing, andactivity based costing systems.

  Access database and queries

What are some of the advantages and the disadvantages of database forms? What is your experience in using Queries? Have you ever read the SQL commands generated by a Query in Access database?

  Standard and specialized policies

Why might the company use different costing systems, with different overhead rates, for standard and specialized policies?

  Variable predetermined manufacturing overhead rates

Compute the total, fixed, and variable predetermined manufacturing overhead rates. Compute the total, controllable, and volume overhead variances.

  What is the total revenue variance

What is the total revenue variance?

  Determining recognized gain on property

Ben's property, which has an adjusted basis of $45,000, is condemned by the state government. The authorities replace his property with other qualified property which cost them $120,000. What is Ben's recognized gain?

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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