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egoroff_w [7]
2 years ago
13

Moss Co. issued $100,000 of five-year, 11% bonds with interest payable semiannually, at a market (effective) interest rate of 8%

. Determine the present value of the bonds payable, using the present value tables in Exhibit 8 and Exhibit 10.
Note: Round to the nearest dollar.
Business
1 answer:
leva [86]2 years ago
7 0

The present value of the bond payable is $120,130.

<h3>What is the present value?</h3>

The present value of the bond is the sum of the the bonds discounted cash flows.

Present value can be calculated using a financial calculator:

  • Cash flow each year from period 1 to 10 : 11% x 100,000 = 11,000
  • Cash flow in period 20 : 100,000
  • Interest rate = 8%

Present value = $120,130.24

To learn more about present value, please check: brainly.com/question/26537392

#SPJ1

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Answer:

Economics of scope.

Explanation:

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Economies of scope differ from economies of scale, in that the former means producing a variety of different products together to reduce costs while the latter means producing more of the same good in order to reduce costs by increasing efficiency.

6 0
4 years ago
Suppose that an issuing bank pays on documents that are conforming to the requirements of the letter of credit, but the seller h
AleksAgata [21]

Answer:

a) As long as the documents strictly comply with the letter of credit requirements, the bank will not have to reimburse the buyer

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Since in the question, it is given that the seller has shipped the goods that are worthless i.e of no use for the buyer so in this case,  the bank would not reimburse the buyer.

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3 years ago
Which of the following describes a self-managed team?A. Workers are trained to do all or most of the jobs in the unit.B. Workers
Oksanka [162]

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7 0
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Usimov [2.4K]
During this competitive analysis, the manager should look at All the factors such as :
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B. A ski lift will be used continuously by the owner for its business operation. Hence, not a consumer good.

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