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kumpel [21]
3 years ago
7

Pinder co. produces and sells high-quality video equipment. to finance its operations, pinder co. issued $25,000,000 of five-yea

r, 7% bonds, with interest payable semiannually, at a market (effective) interest rate of 9%. determine the present value of the bonds payable
Business
1 answer:
harina [27]3 years ago
4 0

$23,021,820.82 is the correct answer. It is the present value of the future maturity value and the $875,000 interest payments, discounted at 4.5%.

First calculate the amount of each interest payment = 25000000*7%/2 = 875000<span>
<span>Calculate periodic market interest rate = 9%/2 = 4.5%</span></span>

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You are on the team of executives at Star Bank. You have been meeting as a team to discuss the future of the bank, including big
Komok [63]

Strategic planning is the type of planning used by team of Star bank.

<h3>What is strategic planning?</h3>

Strategic planning is a type of planning that is channeled towards a purpose.

Companies make use of strategic planning to help focus on a particular goal or aim

Therefore, Strategic planning is the type of planning used by team of Star bank.

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7 0
1 year ago
An investor was looking at a sixteen-unit apartment building. Four of the units rented for $600, four for $750, four for $725, a
tankabanditka [31]

Answer:

$1,545,000

Explanation:

The formula to compute the cost of the building equal to

Rate of return = (Rental income - expenses) ÷ (cost of building )

where,

Rate of return = 8%

Rental income equals to

= ($600 × 4 units + $750 ×  4 units + $725 × 4 units + $800 × 4 units) ×  12 months

= $138,000

Total expense

= $1,200 ×  12 month

= $14,400

Now the cost of building would be

8% = ($138,000 - $14,400) ÷ (cost of building )

8% = $123,600

So, the cost of building equal to $1,545,000

6 0
3 years ago
What are the things needed to do a work or activity called..​
34kurt

yesAnswer:

hekpls

Explanation:

6 0
3 years ago
On December 30, 2005, Bart, Inc. purchased a machine from Fell Corp. in exchange for a non-interest bearing note requiring eight
Darya [45]

Answer: c. $94,240

Explanation:

On December 31, 2005, one payment has already been made which would mean that only 7 payments are left. As the first of these remaining 7 will be paid the year after, this is an ordinary annuity.

Note payable value = Present value of seven $20,000 payments

= 20,000 * Present value of ordinary annuity of 1 at 11% for 7 years.

= 20,000 * 4.712

= $94,240

5 0
2 years ago
Combatant commanders take strategic level guidance and develop their theater strategies, campaigns, and major operations at the
Bingel [31]
<span>At the tactical level of war the combatant commanders prepare all national instruments of power for war or conflict coordination the application of all instruments of national power with the actions of force. Principles and guidance also apply when needed.</span>
8 0
3 years ago
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