User Account

All Pages

What is the present value of the bond that the firm records

Assignment Help Accounting Basics
Reference no: EM132884324

Question - On January 1, 2021, a firm issues bonds with a face amount of $1,500,000. The stated rate is 10%, the market rate is 12%, the term is three years and payments are made twice a year, on June 30 and Dec. 31. What is the present value of the bond that the firm records on its books on the issue date?

Reference no: EM132884324

Questions Cloud

What is informatics : What is informatics? Were you aware of any informatics-related job opportunities before taking this course?
Calculate the labor rate and the labor efficiency variance : At Penny Worth, the standard quantity of labor is 22 hours per refrigeration unit. Calculate the labor rate and the labor efficiency variance
Design and development : Consider a project that you have recently completed. What were some of the challenges that youpersonally faced while developing UI/API/DB/any others?
Explain difference living an authentic vs inauthentic life : Why does he use an example like that? What is he getting at? Then finally the chapter deals with "The 'Who' of Dasein." It is here that he explains
What is the present value of the bond that the firm records : On January 1, 2021, a firm issues bonds with a face amount of $1,500,000. What is the present value of the bond that the firm records
What is the balance in the company inventory asset account : A company uses the FIFO cost flow assumption. What is the balance in the company's inventory asset account on December 31, 1995
Are the techniques demonstrated closing the deal legitimate : Are the techniques demonstrated "Closing the Deal" legitimate? Or is the use of fake conversation and other psychological maneuvers unethical?
Developing new information systems : Identify the principal problem-solving steps for developing new information systems or enhancing existing ones.
Prepare a journal entry to record the employer share : Paradise Hills Berry Farm has 20 employees who are paid biweekly. How do you prepare a journal entry to record the employer's share of payroll deductions

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