The yield to maturity on the bonds is 10.0868%
<u>Explanation</u>:
Given,
Annual coupon rate = 8% = 0.08
Par value = $ 1000
Price = $ 865
N = 11 1 .
PV = $ 865
PMT = ( Par Value The coupon rate) / F
= ( 1000 0.08 ) / 1
= 80.
FV = 1000.
Financial calculator solution
the yield to maturity = I = 0.1008668
= 10.0868% .
Answer:
b. capitalized
Explanation:
The purchase price and all costs to bring an asset to its desired condition and location for use should be capitalized.
Answer:A. Net proceed $13,700,000
($20*700,000)-$300,000
B. Earnings per share $2.17
$6500,000/3,000,000 shared
C. Earnings per share $1.76
$6,500,000/3,700,000 shares