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vazorg [7]
3 years ago
12

You purchase 4,000 bonds with a par value of $1,000 for $978 each. The bonds have a coupon rate of 7.7 percent paid semiannually

and mature in 10 years. How much will you receive on the next coupon date? How much will you receive when the bonds mature?
Business
1 answer:
drek231 [11]3 years ago
7 0

Answer:

The amount to be received onthe coupon date is $154000.

The amount to be received at bonds maturity is $4154000.

Explanation:

amount received on the next coupon date = 4000*$1000*7.7%*6/12

                                                                       = $154000

amount to receive when the bonds mature = face value + interest

= 4000*$1000 + $154000

= $4,000,000 + $154000

= $4154000

Therefore, the amount to be received onthe coupon date is      $154000 and the amount to be received at bonds maturity is $4154000.

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The correct answer is A) top quality.

Explanation:

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The example clearly shows that the orientation with minimum unit costs was mainly focused on the client, so that the first impression is that of a lower price to motivate their purchase decision. For his part, Orchard clearly shows a product orientation, because he tries to offer quality by sacrificing other variables to supply a need.

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A $150,000 loan is to be amortized over 7 years, with annual end-of-year payments. Which of these statements is CORRECT? a. The
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The proportion of each payment that represents interest versus repayment of principal would be higher if the interest rate were higher

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Esquire Comic Book Company had income before tax of $1,000,000 in 2016 before considering the following material items:
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Answer:

                    Esquire Comic Book Company

                               Income Statement

               For the Year Ended December 31, 2016

Operating income                                                $1,000,000

<u>Restructuring costs                                                 ($80,000)</u>

Income from continuing operations b/ Taxes      $920,000

<u>Income tax expense                                              ($368,000)</u>

Income from continuing operations                                        $552,000

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  • Loss on disposal                                          ($350,000)
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Income from discontinued operations                                     $90,000

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Explanation:

Income from discontinued operations must be reported separately, but any restructuring costs must be included as operational expenses.

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Answer:

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