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Alika [10]
3 years ago
12

A company issues 9%, 7-year bonds with a par value of $260,000 on January 1 at a price of $273,732, when the market rate of inte

rest was 8%. The bonds pay interest semiannually. The amount of each semiannual interest payment is:
Business
1 answer:
AlladinOne [14]3 years ago
6 0

Answer:

$11,700

Explanation:

The semi annual interest = Coupon rate × nominal value × 1/2

= 9% × $260,000 × 1/2

= $11,700

We prorated the interest into two in order to account for six months.

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8 0
3 years ago
Advantages of discounted payback period​
zaharov [31]

Answer:

The main advantage of the discounted payback period method is that it can give some clue about liquidity and uncertainly risk. Other things being equal, the shorter the payback period, the greater the liquidity of the project. Also, the longer the project, the greater the uncertainty risk of future cash flows.

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3 years ago
When Jake went to buy a new car, he took a small notebook and wrote down the facts that the salesperson told him as they looked
Yakvenalex [24]

Answer:

Comprehensive Listening

Explanation:

Listening refers to the combination of how an individual gears and interprete an information. There are different types of listening;

1) Discriminative listening: This is a type of listening where an individual assigns meanings to sounds rather than the spoken words.

2) Comprehensive Listening:: The individuals assigns meaning to words and ideas. It involves noting the facts from information given by the speaker.

Jake is a comprehensive listener by noting important information and also writing down questions to be asked later.

3)Critical listening: This is when a listener analysis information and makes judgement based on the analysis.

4) Informational listening

5) Therapeutic listening

8 0
4 years ago
Read 2 more answers
Purchases in May were $65,000​, while expected purchases for June and July are $75,000 and $93,000​, respectively. All purchases
guapka [62]

Answer:

$61,000

Explanation:

The computation of June payments for purchases budgeted is shown below:-

June payments for purchases budgeted = Purchase of June × Purchase percentage + May purchase × Percentage of the following month

= $75,000 × 25% + $65,000 × 65%

= $18,750 + $42,250

= $61,000

Therefore for computing the June payments for purchases budgeted we simply applied the above formula.

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