What rate of interest is being paid on the loan

Assignment Help Mathematics
Reference no: EM131125436

What would you pay for a $130,500 debenture bond that matures in 15 years and pays $13,050 a year in interest if you wanted to earn a yield of:

1.) 9%?

2.)10?

3.)11%

Part 2: LEW Company purchased a machine at a price of $102,000 by signing a note payable, which requires a single payment of $149,872 in 5 years.

Assuming annual compounding of interest, what rate of interest is being paid on the loan?

Reference no: EM131125436

Questions Cloud

Are the calculus students better than average : The university ACT average for entering fresh- men that year was about 21. Are the calculus students better than average, as measured by the ACT?
Write an equation in slope : Write an equation in slope- intercept form for the line that is parallel to the graph of - 8x = 5 - 4y and has y-intercept-0.5
Differentiate the various places health care is delivered : Analyze the effectiveness of the marketing approach for the clinic or office to various cultures. Analyze the marketing techniques that could be used to improve the marketing within different cultural demographics.
Nis the number of years to maturity : Calculate theyield ( i ) of the following bonds, where PBis the price, Fis the face value,cis the coupon rate, and Nis the number of years to maturity. Show work PB = $100.95, F = $100, c = 6%, N = 1 PB = $712.99, F = $1,000, c = 0%, N = 5 PB = $..
What rate of interest is being paid on the loan : Part 2: LEW Company purchased a machine at a price of $102,000 by signing a note payable, which requires a single payment of $149,872 in 5 years.
Impact of a highly inflationary economy : What is the likely impact of a highly inflationary economy on a firm's ability to pay dividends? Would you expect this impact to be greater or smaller for a rapidly expanding firm? Why?
Molecular bonding order of pyruvate in the citric acid cycle : what is the molecular bonding order of pyruvate in the citric acid cycle- Indicate by vertical lines the locations of crossovers in the 26 trees
What potential ethical issues exist or may come into play : What potential ethical issues exist or may come into play with this client? Be sure to include at least one ethical issue. Explore multiculturalism, duty to report/warn, and confidentiality.
What is meant by loan default : What is meant by loan default? Also, describe (a) An acceleration provision and (b) A cross-default provision.

Reviews

Write a Review

Mathematics Questions & Answers

  Write a system of inequalities

write a system of inequalities that models the possible dimensions of the garden

  Make a line plot showing a data set that fits this household

A group of nine students has a mean of 3.5 people per . Make a line plot showing a data set that fits this household.

  What overall dimensions will minimize the amount

You are designing a rectangular poster to contain 162 in2 of printing with a 4 inch margin at the top and bottom and a 2 inch margin at each side. What overall dimensions will minimize the amount of paper used?

  What is the current yield on the stock

The Wyden Company paid a dividend of $1.28 per share last year. If the current selling price of the stock is $37.63, what is the current yield on the stock? Round your answer to the nearest tenth percent, and show all work.

  Vertices of a tree

A tree has 11 vertices of degree 3, 12 vertices of degree 2, 10 vertices of degree 4 and the remaining vertices are of degree 1. How many vertices does it have?

  Statistics or probability re jukebox scenario

Statistics or Probability re Jukebox Scenario, On a Jukebox with 2000 songs, what is the probability that a single song will play during a 1 hour period, a 3 hour period

  Find the mean of the probability distribution of x

Suppose the farmer buys insurance for $3000 that pays him $20,000 in the event of a severe storm that destroys much of the crop, and pays nothing otherwise. Find the probability distribution of his profit . Find the mean, and summarize the effect ..

  Straight upwards from the ground

A frisbee is thrown straight upwards from the ground. The equation defining its movement is h = 59.3t - 4.9t², where h is the height in metres and t is the time elapsed in seconds.

  What is the maximum number of samples she can take from the

A researcher is comparing samples from 3 populations. She has 10 samples from the first population and 10 samples from the second population. What is the maximum number of samples she can take from the third population?

  Cho is building a sandcastle in the shape of a triangular

Cho is building a sandcastle in the shape of a triangular pyramid. The area of the base is 7 square feet. Each side of the base has a length of 4 feet and the height of each face is 2 feet. What is the surface area of the pyramid?

  Find as well graph the probability distribution of x

Three marbles are chosen without replacement from a box containing 12 red, 7 blue, and 8 yellow marbles. Let X be the number of blue marbles chosen.

  Determine which of the above processes

Let {X(t), t ≥ 0} and {Y(t),t ≥ 0} be independent Poisson processes with parameters λ1 and λ2, respectively. Define Z1(t) = X(t) + Y(t), Z2(t) = X(t) - Y(t), Z3(t) = X(t) + k, k a positive integer. Determine which of the above processes are Poisson a..

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