Answer:
824.28
Explanation:
Market price of a bond is the total sum of discounted coupon cashflow and par value at maturity. This is a 4-year bond with semi-annual payment so there will be 8 coupon payment in total. Let formulate the bond price as below:
Bond price = [(Coupon rate/2) x Par]/(1 + Required return/2) + [(Coupon rate/2) x Par]/(1 + Required return/2)^2 + ... + [(Coupon rate/2) x Par + Par]/(1 + Required return/2)^8
Putting all the number together, we have
Bond price = [(4.5%) x 1000]/(1 + 7.5%) + [(4.5%) x 1000]/(1 + 7.5%)^2 + ... + [(4.5%) x 1000 + 1000]/(1 + 7.5%)^8
= 824.28
Answer:
The answer is c. Increase in assests and increase in stockholder's equity.
Explanation:
The accounting entries Crossroads Mall will have for the sell of repurchased shares as followed:
Dr Cash 280,000
Dr Paid-up capital and/or Retained Earning 20,000
Cr Common share 300,000
( further calculation notes: sold of 10,000 repurchased shares at $28 brings about 280,000 in cash; while common shares will be recorded at the repurchased price, that is : 30 x 10,000)
Thus, the net effect of the sale of repurchased shares will be the Increase in Cash ( assets) of $280,000 and the Increase in Stock Equity of the same amount, that is, $280,000.
So you would simply need to set up a formula and solve
X= beginning cash
X+ income - expenses = cash balance
income = cash receipts (7,500)
expenses = cash disbursements (8,600)
Cash Balance = 1,800
Plug into the equation
X + 7,500 - 8,600 = 1,800
Then you would solve for X
D. 3 to 8 i own a business and everywhere the average is 3 to 8 employees
it would have to be unclear in his speech because he has smart ideas he outstanding if he was to speak loud his manger would tell him his voice is loud or low.