# Check my work On January 1, a company issued 8%, 15-year bonds with a face amount...

Check my work On January 1, a company issued 8%, 15-year bonds with a face amount of $70 million for$64,298,892 to yield 9% Interest is paid semiannually. What was interest expense at the effective interest rate on June 30, the first interest date? (Enter your answers in whole dollars. Round percentage answers to 1 decimal place le.g. 0.0234 should be entered as 23).) Elective Rate ) - Amount 64,296,892 Interest Expense $Apps YouTube G Image result for pla... Maps Web Store G Gmail Vocabulary--Market... Chapter 14 - Assignment 6 Saved Help Save & Exit Submit Check my work N A company issued 4%, 20 year bonds with a face amount of$84 million. The market yield for bonds of similar risk and maturity is 5% Interest is paid semiannually. At what price did the bonds sell? (FV of 51, PV of $1. FVA of$1. PVA of S1, FVAD of S1 and PVAD of S1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars. Round final answers to the nearest whole dollar.) points Table values are based on: 40 u 2.5% Amount Cash Flow Present Value Interest $84,000,000 Principal Price of bonds References ## Answers #### Similar Solved Questions 1 answer ##### 9. How many five-card poker hands using 52 cards contain exactly two aces? 9. How many five-card poker hands using 52 cards contain exactly two aces?... 1 answer ##### On January 1, 2017, Novak Company sold 12% bonds having a maturity value of$520,000 for...
On January 1, 2017, Novak Company sold 12% bonds having a maturity value of $520,000 for$603,047, which provides the bondholders with a 8% yield. The bonds are dated January 1, 2017, and mature January 1, 2022, with interest payable December 31 of each year. Novak Company allocates interest and una...
##### JUST NUMBERS 19,21,23 ent ent n of In Problems 19–24, make a sketch of each trigonometric...
JUST NUMBERS 19,21,23 ent ent n of In Problems 19–24, make a sketch of each trigonometric func- tion without looking at the text or using a calculator. Label each point where the graph crosses the x axis in terms of . 19. y = sin x, -27 Sxs 271 20. y = cos x, -27 Sx < 27 21. y = tan x, 0 s...
##### Match the equation with the step needed to solve it
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##### How would you create a (x,y) table for the equation y=2x-1?
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##### Objects A and B are at the origin. If object A moves to (-4 ,-3 ) and object B moves to (5 ,8 ) over 8 s, what is the relative velocity of object B from the perspective of object A? Assume that all units are denominated in meters.
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Given a ListItem class, complete main() using the built-in LinkedList type to create a linked list called shoppingList. The program should read items from input (ending with -1), adding each item to shoppingList, and output each item in shoppingList using the printNodeData() method.Ex...
##### - points ARMSBRCALC3 4.3.04. A zoologist is writing a dissertation on the impact of the fish...
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##### What type of electron transition would create an absorption band at the longest wavelength in the...
What type of electron transition would create an absorption band at the longest wavelength in the UV-vis spectrum of formaldehyde? Н H a .-- b.n- OCT- odon QUESTION 15 Which of the electron transitions shown in the figure below would correspond to the transition from the HOMO to theLUMO? 117 a...
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##### This Question: 1 pt 41 of 60 (36 complete) This Test: 60 pts possib Kaiser's Ice...
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You usually go to the theater to see a lot of movies. Now you are considering buying a DVD player and renting movies instead. You currently pay $9 per movie when you go to the theater but if you buy the DVD player you will have to pay only$5 per movie rental. You estimate that the DVD player will c...
Question 3 3. As discussed in Chapter 10, real GDP per capita in the United States grew from about $6,000 in 1900 to$50,010 in 2014, which represents an average annual growth rate of 1.9%. If the US economy continues to grow at this rate, how many years will it take for real GDP per capita to d...