HELPP

Marin Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction

sveticcg [70]

Answer:

Price of the bond is $2,605,941

Explanation:

Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond.

According to given data

Face value of the bond is $3,021,900

Coupon payment = C = $3,021,900 x 10% = $302,190 annually = $151,095 semiannually

Number of periods = n = 15 years x 2 = 30 period

Market Rate = 12% annually = 6% semiannually

Price of the bond is calculated by following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $151,095 x [ ( 1 - ( 1 + 6% )^-30 ) / 6% ] + [ 3,021,900 / ( 1 + 6% )^30 ]

Price of the Bond = $2,079,797.2 + $526,143.4 = $2,605,940.6

7 0

4 years ago

How do you know what particulars are required in a journal entry

Blizzard [7]

$\huge\bold\blue{ AnSwEr}$

Whatever you were learning, write about it. Since this is post is in middle school, your teacher probably expects atleast half a page to be written in. Write about whatever was asked to be written in the entry. If you're reading a book for class, it may need to be a summary of what you read in the book. If you had an assignment, it's probably about the assignment. "Journal entry" means to write in your notebook, so this wasn't very clear what you need help with, ask a classmate about what assignment needs to be written about

AnSwEr bY : WZDGirl ❤

8 0

3 years ago

The US Patent and Trademark Office (USPTO) is under the following Department: _____. A. Department of Commerce B. Department of

Tom [10]

Answer:

Department of commerce

Explanation:

8 0

3 years ago

Buying a Home Reading Quiz

Maru [420]

The answer is A , to always see who’s selling the property , Hope this helps

3 0

4 years ago

When you transition, a brief re-cap of the information that has just been heard is known as:

Delvig [45]

Answer:

When you transition, a brief recap of the information that has just been heard is known as an internal review.

Explanation:

Internal review is the recap of information that has just been heard in transition.

5 0

4 years ago