What is the face value of the note

Assignment Help Finance Basics
Reference no: EM13266916

On January 1, 2013, Strong Industries borrowed $100,000 for six years. Strong signed a noninterest-bearing note. Assuming that the market rate of interest is 7 percent on the date the note is made and that interest is compounded annually. What is the face value of the note?

Reference no: EM13266916

Questions Cloud

Make the journal entries to record the declaration : The new shares were distributed on December 10, 2013. Make the journal entries to record the declaration and distribution of the stock dividend.
What is its net credit position : Kantorovich Company normally takes 29 days to pay for its average daily credit purchases of $2,400. Its average daily sales are $3,400, and it collects accounts in 24 days. What is its net credit position? Note that a negative position implies rec..
Evaluate the deviation of the bone subjected to the load : Use the Fourier series method to evaluate the deviation of the bone subjected to the load, w, which is linearly dependent on its position
Explain phosphorus donor atoms with a concentration : Phosphorus donor atoms with a concentration of 10^16 cm^-3 are added to a pure sample of silicon. assume that the phosphorus atoms are distributed homogeneously throughout the silicon.
What is the face value of the note : Assuming that the market rate of interest is 7 percent on the date the note is made and that interest is compounded annually. What is the face value of the note?
What is the expected shortfall for a portfolio : show that in this example VaR does not satisfy the subadditivity condition whereas expected shortfall does.
What is the power delivered to the motor : A dc motor with its rotor and filed coils connected in series has an internal resistance of 3.2 ?. What is the power delivered to the motor
The temperature probe is accidentally calibrated incorrectly : If the temperature probe is accidentally calibrated incorrectly and at 0.0C it reads -500. C, what temperature in Celsius will the probe read at 52. F
What are the sharpe and treynor ratios for the fund : Consider the following information for a mutual fund, the market index, and the risk-free rate. You also know that the return correlation between the fund and the market is 0.95.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the firm''s corporate cost of capital

It pays federal, state, and local taxes at a 35 percent marginal rate. a. What is the firm's corporate cost of capital?

  What is the three month interest rate the bank can lock

Q1. Suppose a bank needs to borrow (not lend) $20 million for 3 months starting in December 2016. If the bank wants to lock in the borrowing interest rate now, what should it do?

  How does a dutch auction work

How does a Dutch auction work? Not more than 4 short sentences.

  What would explain the change

A senior executive in the company believes that 1 million candy bars will indeed be sold, but lowers the estimate of incremental revenue to $700,000. What would explain the change?

  Finance based decision making question

PH Toy Corporation is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $30 and PH Toy would sell it for $65

  Semiannual coupon bond valuation

Hartnett Computing has 8 year, non-callable, 8.8% semiannual coupon bonds outstanding. The bonds have a par value of $1,000 and a nominal YTM of 9.5%. Find out the bond's current market price?

  Conservatism and make accounting numbers

The conservatism principle arises because of concerns about management's incentives to overstate the company's performance

  Financial environment of healthcare organizations

What trends or threats will impact financial environment of healthcare organizations? These may include legislative changes, lack of primary care providers/changing demographics.

  How does boeing achieve a cash cycle of negative 100 days

Why is Amazon's cash cycle so much shorter than that of competitor Barnes & Noble? How does this comparison affect financial management decisions of other retailers?

  Amortization goal

To accumulate $8,000 by the end of 5 years by making equal annual end-of-year deposits for next five years. If earning 7 percent on the investments, how much must be deposited at the end of each year to meet the goal?

  Find the total estimated life cycle operating income

A Steven's Medical Equipment Corporation produces hospital beds. Its most popular model, Deluxe, sells for $5,000. It has variable costs totaling $2,800 and fixed costs of $1,000 each unit,

  Calculate for alice the total cash value of the annuity

Alice Longtree has decided to invest $400 quarterly for 4 years in an ordinary annuity at 8%. As her financial adviser, calculate for Alice the total cash value of the annuity at the end of year 4.

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