Answer:
Option C is correct one.
Interest expense 773
Discount on bonds payable 73
Cash 700
Explanation:
2016 interest expense = initial issue price, which is the 1/1/2014 book value x the market (effective) interest rate
= $9,668 x 08
= $773
Cash interest payment
= maturity value of the bond x the stated interest rate = $10,000 x .07
= $700
Amortization of discount on bonds payable
= interest expense - interest cash payment
= $773 - $700.
= $73
Answer:
17.27 years
Explanation:
For this question we use the NPER formula that is shown on the attachment below:
Provided that
Present value = $340,000
Future value = $25,000
PMT = $35,000
Rate of interest = 7.5%
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the number of year is 17.27 years
Answer:
"D" is the correct answer!
Explanation:
Written communication is the use of a printed message, such as letters, training manuals, memos, proposals and emails. Emails. memos etc are all technology channels or apps.
There are different kinds of trade. Trading in foreign currency options would most likely be an appropriate hedging tool for individual investors who want to hedge the risk on specific U.S. exchange-listed stocks.
<h3>Currency option hedges</h3>
- Currency option hedges are known to be tools that are used in international business.
An example, when an American importer is said to agree to buy some food equipment from a Chinese manufacturer at a later future date. The transaction will be carried out in Chinese currency.
The American importer has therefore made an hedge by buing currency options on the Chinese currency.
Learn more about trade from
brainly.com/question/4957225
Answer:
YTM is 4.94%
Explanation:
The yield to maturity is the return on the bond throughout the bond's tenure and can be computed using rate function in excel as shown below.
=rate(nper,pmt,-pv,fv)
nper is the number of coupons the bond has left to pay(23 years*2)
pmt is the semiannual coupon of the bond=$1000*5.3%*6/12=26.5
pv is the curren price=$1000*105%=$1050
fv is the face value of the bond
=rate(46,26.5,-1050,1000)=2.47%
2.47% is the semiannual yield
annual yield=2.47%
*2=4.94%
