Answer:
$39,791.7
Explanation:
Calculation of how much interest income is recognized by the investor in 2017
Using this formula
Interest income=Bonds amount+(Bonds amount *Current market rate of interest)-(Face amount*Contract rate of interest)*Current market rate of interest
Let plug in the formula
Interest amount=$303,000+($303,000*13%)-($330,000*11%)*13%
Interest amount=$303,000+($39,390)-($36,300)*13%
Interest amount=($342,390-$36,300)*13%
Interest amount =$306,090*13%
Interest amount =$39,791.7
Therefore the amount of interest income recognized by the investor in 2017 will be $39,791.7
The requirements of licensees in selling or buying the house is that there should be a deed of sale, house taxes, identification, owner's agreement and authorization letter. These are needed in selling or buying the house as this are requirements in order to buy or sell a house.
Answer:
0, $1,605
Explanation:
The computation of the revenue recognized in the month of March and in the month of April is shown below:
Since the Digby delivers 107 units in April so now revenue recognized should be in the month of March
But for the month of April, it would be
= 107 units × $15
= $1,605
Hence, the first option is correct
Answer:
Company Coupon Rate Selling Price Maturity Date
Bombardier Inc. 7.5% $96.40 3/15/2025
NGL Energy Partners LP 6.875% $97.50 10/15/2021
Disney 2.150% $101.45 9/17/2020
Explanation:
from the Plato
