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Alex777 [14]
3 years ago
12

Morgan Company issues 9%, 20-year bonds with a par value of $750,000 that pay interest semiannually. The current market rate is

8%. The amount paid to the bondholders for each semiannual interest payment is:__________.
Business
1 answer:
Leno4ka [110]3 years ago
7 0

Answer:

$33,750

Explanation:

Given that

Bond per share = $750,000

Issued Amount = 9%

The computation of amount which is to be paid to the bondholders for every semi-annual interest payment is given below :-

Interest payment = bond per share × issued amount × (number of months ÷ total number of months in a year)

= $750,000 × 9% × 6 months ÷ 12 months

= $33,750

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Answer:

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Explanation:

Given:

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Given that strike price is lower than the stock price, So premium paid considers as a loss.

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3 years ago
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Answer:

Explanation:

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It is known as cannibalization 
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3 years ago
Nielson Motors sold 10 million shares of stock in an SEO. The market price of Nielson's stock at the time was $37.50. Of the 10
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Answer:

a. $144 million

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.......................................

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