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White raven [17]
3 years ago
6

Williams Company plans to issue bonds with a face value of $605,000 and a coupon rate of 6 percent. The bonds will mature in 10

years and pay interest semiannually every June 30 and December 31. All of the bonds are sold on January 1 of this year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answer to whole dollars.) Determine the issuance price of the bonds assuming an annual market rate of interest of 6 percent.
Business
1 answer:
marysya [2.9K]3 years ago
7 0

Answer:

$605,000

Explanation:

According to the scenario, computation of the given data are as follows,

Face value = $605,000

Coupon rate = 6%

Rate of interest = 6%

As coupon rate and market interest rate is similar, then in this scenario issuance price of the bond is equals to face value of the bond.

Then, Issuance price of bonds = Face value of bonds

Issuance price of bonds = $605,000  

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Examine the relationship between total spending by government and consumers in a nation and the location of the countries gdp on
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Answer and Explanation:

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5 0
2 years ago
The CPA Practice Advisor reports that the mean preparation fee for 2017 federal income tax returns was $273. Use this price as t
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Answer:

The CPA Practice Advisor

The probability that the mean price for a sample of 30 federal income tax returns is within $16 of the population mean is:

= 56%

Explanation:

a) Data and Calculations:

Population mean (preparation fee for 2017 federal income tax returns) = $273

Population standard deviation of preparation fees = $100

Mean price for a sample of 30 federal income tax returns = $257 (which is within $16 of the population mean)

z = (x-μ)/σ

z = standard score

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μ = mean of the sample

σ = standard deviation of the sample

Z = ($273 - $257)/$100

= 0.16

Using the z-table

P = 0.5636

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In mass service and professional service, the operations manager should focus extensively on:______.
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In mass service and professional service, the operations manager should focus extensively on equipment maintenance.

<h3>What is the work of operations manager?</h3>

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It is concerned with overseeing a comprehensive service or production system, which is the method through which inputs are transformed into outputs. Operations create services, control quality, and produce goods. Working with suppliers, customers, and technology are all aspects of operation management that apply to industries such as financial systems, hospitals, and businesses. One of the key roles in a corporation, along with supply chains, marketing, finance, and human resources, is operations.

To learn more about operations management visit:

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mel-nik [20]
Budget software hope this is the right answer.

5 0
3 years ago
Read 2 more answers
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