Answer:
(A) $1,055.35 (B) $2,180.53 (C) $780.07 (D) $412.08.
Explanation:
The tenor of the bond is 27 years i.e. (27 * 2=) 54 periods of 6 months each (n).
Face Value (F) = $1,000
Coupon (C) = 6% annually = 3% semi annually = (3% * 1000 face value) = $30.
The Present Value (PV) of the Bond is computed as follows.
PV of recurring coupon payments + PV of face value at maturity
= 
A) Yield = 5.6% annually = 2.8% semi annually.
= 830.25 + 225.10
= $1,055.35.
B) Yield = 1% annually = 0.5% semi annually.
= 1,416.64 + 763.89
= $2,180.53.
C) Yield = 8% annually = 4% semi annually.
= 659.79 + 120.28
= $780.07.
D) Yield = 15% annually = 7.5% semi annually.
= 391.95 + 20.13
= $412.08.
Answer:
A two-column schedule listing names and balances of all ledger accounts.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.
Generally, financial statements are the formally written records of the business and financial activities of a business entity or organization.
There are four (4) main types of financial statements and these are;
1. Balance sheet: it contains financial information about assets, liability, and equity.
2. Cash flow statement: it contains financial information about operating, financial and investing activities.
3. Income statement: it contains financial information about the income and expenses of an organization.
4. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.
A trial balance consists of a two-column schedule listing names and balances of all ledger accounts.
It goes up because you are paying your payments therefore building credit by showing you are trustworthy..
It is difficult to do this interpretation because there may not have been time for the outcome to have developed. For example, in Venezuela right now there is an attempt by part of the opposition to defeat the government through street violence and reverse the social gains of Hugo Chavez and Nicolas Maduro but the dispute still has not been resolved.
