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fenix001 [56]
3 years ago
9

Suppose your uncle purchased a bond that pays $100 in 5 years. If the interest rate is 6%, what is the present value of the bond

?a. -69. 37b. -74.73c. -97.54d. -87.35e. -80.11
Business
1 answer:
Natasha_Volkova [10]3 years ago
4 0

Answer:

b. -74.73

Explanation:

In this question we need to find the price or present value of the bond. We know that the bond pays 100 in 5 years which means that the future value is 100, there are no payment so payments are 0, and the interest rate is 6%. We will input these values in a financial calculator and compute the PV.

FV= 100

PMT=0

I=6

N=5

Compute PV=-74.73

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Answer:

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Explanation:

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I hope this helps.

6 0
4 years ago
Andrew Flint is the CEO of a small, publicly held company based in Idaho Falls, Idaho. Flint earned $76,000 last year as CEO. In
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Answer:

D, Flint can simply write ot the SEC to voice his concerns.

Explanation:

Since Flint does not have a case that warrants a court challenge but rather an observation, Flint can simply write to the SEC to intimate them about his observations and/or findings, as well as let the SEC know the position of his company on the rule being proposed by it.

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6 0
3 years ago
Telephone Sellers Inc. sells prepaid telephone cards to customers. Telephone Sellers then pays the telecommunications company, T
meriva

Answer:

January Income = $0

February Income =  50% * ($4,900 - 2,300) =  $1,300

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Explanation:

The amount received on the prepaid card will not be recognised in the amount because  the revennue has not being recorgnized.

3 0
3 years ago
What is the maximum amount you would pay for an asset that generates an income of $ 250,000 at the end of each of five years if
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Answer:

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Explanation:

$250,000 / (1.08)5= 170,146

3 0
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Answer:

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