Can someone help me with numbers 17 - 22 or check if I got it right ? This is accounting

One year ago Lerner and Luckmann Co. issued 15-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000. Today,

Dennis_Churaev [7]

Answer:

current price = $1191.79

Explanation:

given data

time t = 15 year

annual coupon bonds rate = = 7.5 %

par value = $1000

interest rate = 5.5%

maturity time = 14 year

to find out

current price of the bonds

solution

we get here first annual coupon rate = 7.5% of 1000

annual coupon rate C = $75

so now we get current price of bond

current price of the bonds = $\frac{C}{(1+r)} +\frac{C}{(1+r)^2} +\frac{C}{(1+r)^3} +\frac{C}{(1+r)^4} ..........\frac{C}{(1+r)^{13}} + \frac{C+par\ value}{(1+r)^{14}}$ .................1

put here value

current price = $\frac{75}{(1+r)} +\frac{75}{(1+r)^2} +\frac{75}{(1+r)^3} +\frac{75}{(1+r)^4} ..........\frac{75}{(1+r)^{13}} + \frac{75+1000}{(1+r)^{14}}$

current price = $\frac{75}{(1+r)} \frac{1-(\frac{1}{1+r})^{14} }{r} (1+r) + \frac{1000}{(1+r)^{14}}$

solve it we get

current price = $1191.79

4 0

3 years ago

True or false: the nipp information-sharing approach constitutes a shift from a networked model to a strictly hierarchical struc

bija089 [108]

<span>True.
The purpose of national infrastructure sharing plan is to ensure that America is safer and better equipped to handled incidental and deliberately orchestrated mischief that will put lives or property of the American people at stake. The measures will lessen threat and information won't be a one sided thing especially when as they affect the safety of lives.</span>

6 0

3 years ago

Read 2 more answers

Jeremy was interested in science and math in school. In college, Jeremy studied to become an ecologist who studies the effect of

Amanda [17]

Answer:

The ways Jeremy can use math and science in his career are:

Perform scientific research.
In the evaluations and analyzes, he makes of his data collection.

Explanation:

Ecology is the branch of science that studies the interrelationships between organisms and their environment; ecology is an extensive branch by which ecologists can work in the field or laboratories.

Ecologists aim to study the diversity of the ecosystem and study how to make less impact on the environment.

In the case of Jeremy, who was interested in mathematics and science at school, now, being an environmentalist, he would use this knowledge in his scientific research when collecting data from his research. And how to calculate the effect of fertilizer on wildlife this through the analysis and evaluation of its collected data.

I hope this information can help you.

5 0

3 years ago

Brian is struggling with the choice of publishing his new book, How to Cook Polish Barbeque, as an e-book or a paperback. Brian

Molodets [167]

Answer:

making a product decision

Explanation:

Since in the question it is mentioned that Brian is struggling with regard to the choice of publishing of his new book that reflects the decision making as the options of books are available and confused with the available options in terms of e-book or paperback that means sell it online or in book stores or both

So it reflects the making the decision with respect to the product

4 0

3 years ago

5. A man has $ 10,000 to invest. He invests $ 4000 at 5 % and $ 3500 at 4 %. In order to have a yearly income of $ 500, he must

Len [333]

6.4%

200 from the 5% of 4000
140 from 4% on 3500

160 on 6.4% on 2500

4 0

2 years ago

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