Answer:
$93,725,580.00
Explanation:
The market price of the bond is the present value of annual coupon payment plus the present value of face amount receivable at the end of the bond tenure.
Annual coupon interest=face amount*stated rate=$107,000,000*6%=$6,420,000.00
Face amount=$107,000,000
The discount factor for annual coupon is the present of 30 years annuity(2048-2018) at 7% market rate, which is 12.4090
The discount factor for the face value is 0.1314
Price of the bond=($6,420,000.00*12.4090)+($107,000,000*0.1314)=$93,725,580.00
Secured and unsecured loans differ in cost because A secured loan typically has lower interest rates costing less; an unsecured loan typically has higher interest rates costing more.
<h3>How are secured and unsecured loans different?</h3>
A secured loan is one that is backed by the assets of the person being loaned the money. If the person is unable to pay, the asset is seized.
Unsecured loans are not backed by any assets which means that the lender will have nothing to claim in default. This makes these type of loans risky which is why they command more interest.
Find out more on unsecured loans at brainly.com/question/17077155.
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Answer:
$62 million
Explanation:
Adjustments for non-cash effects:
= Amortization expense - Gain on the sale of land
= $2 million - $1 million
= $1 million
Changes in operating assets and liabilities:
= Decrease in accounts receivable - Decrease in accounts payable + Decrease in inventory
= $2 million - $5 million + $4 million
= $1 million
Net cash flows from operating activities:
= Net income + Adjustments for non-cash effects + Changes in operating assets and liabilities
= $60 million + $1 million + $1 million
= $62 million
Commission paid by the building owner to the property Manager for the new tenant is $4575.
<h3>
What is a Commission?</h3>
A brokerage receives compensation for delivering a customer who signs a lease by way of a rental commission. Frequently, rental commissions are stated as months of rent or as a percentage of the annual rent.
The calculation for the Commission of Property Manager:
Commission = Total annualised rent x percentage of Commission
= (795 x 12 x 3 + 1200 x 12 + 900 x 12) x 8.5%
= 53820 x 8.5% = $4,575
Commission for the property manager = $4,575.
Thus, a rental commission, a brokerage is paid for bringing a consumer who signs a lease. The commission for the property manager is $4,575.
Learn more about Commission here:
brainly.com/question/20987196
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