Answer:
$544.265
Explanation:
Given:
FV = $1,000
Yield to maturity = 5.2%
N = 12 years
Required:
Find the value of the zero coupon bond.
Use the formula:
PV = FV * PVIF(I/Y, N)
Thus,
PV = 1000 * PVIF(5.2%, 12)
= 1000 * 0.544265
= $544.265
The value of the zero coupon bond is $544.3
Answer:
the value of good increases (goes up)
2. and 4., hope this helped!
Answer:
coupon payment = $2025
so correct option is A) $2,025
Explanation:
given data
par value = $100,000
coupon rate = 4%
annual inflation rate = 2.5% = 0.025
so Semiannual rate =
= 0.0125
to find out
coupon payment will the investor receive at the end of the first six months
solution
as we know principal would increase by the amount of inflation
so it will be = $100,000 ( 1 + 0.0125 )
so here coupon payment will as
coupon payment = $100,000 ( 1 + 0.0125 ) × 
solve it we get
coupon payment = $2025
so correct option is A) $2,025
Answer:
TRUE: A. Different companies will use different charts of accounts based on individual company need.
C. The general ledger contains all of the accounts that a company uses, along with detail of the balances in those accounts.
Explanation:
A. <u>Different companies will use different charts of accounts based on individual company need.</u>
A chart of accounts is the combination of all the accounts of an organization in an organized and structured model whose objective is to establish a codification so that there is a standardization of the company's financial information to assist the work of the accounting sector.
Therefore, each company will have a model chart of accounts referring to its activities and processes.
<u>C.</u><u> </u><u>The general ledger contains all of the accounts that a company uses, along with detail of the balances in those accounts.</u>
<u>
</u>The general ledger can be defined as the set of all accounts held in the organization in detail.
Through the information in the accounts, the organization is able to correctly separate each one by type and carry out the organizational financial statement.
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