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anzhelika [568]
3 years ago
15

On January 1, a company issues 8%, 5-year, $300,000 bonds that pay interest semiannually. On the issue date, the annual market r

ate of interest is 6%. The following information is taken from present value tables: Present value of an annuity (series of payments) for 10 periods at 3%8.5302 Present value of an annuity (series of payments) for 10 periods at 4%8.1109 Present value of 1 (single sum) due in 10 periods at 3%0.7441 Present value of 1 (single sum) due in 10 periods at 4%0.6756 What is the issue (selling) price of the bond
Business
1 answer:
olya-2409 [2.1K]3 years ago
5 0

Answer: $‭325,592

Explanation:

Selling price of bond = Present value of coupon payments + Present value of Par value

No. of periods = 5 * 2 = 10 semi annual periods

Coupon payments = 300,000 * 8% * 1/2 = $12,000

Periodic interest = 6% / 2 = 3% per period

Selling price = (12,000 * Present value of annuity factor, 10 periods, 3%) + (300,000 * Present value of single sum, 10 periods, 3%)

= (12,000 * 8.5302) + (300,000 * 0.7441)

= $‭325,592

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The chapter's "Continuity and Change" section mentions religious societies that advocated a return to strict and uncompromising
pogonyaev

Answer:

The Jesuits.

Explanation:

The Jesuits are a member of the Society of Jesus, a Roman Catholic order of priests founded by St. Ignatius Loyola, St. Francis Xavier, among others in 1534, to do missionary work. The order was opposed the Reformation. It has retained an important influence in Catholic thought and education, even though it has suffered periodic persecution.

The basic continuity in any human endeavor is found in the goals that it pursues, and in how we cope with the intentions of pursuing them. A society or a profession is recognizably one and the same throughout a long history because its pursuit of a goal is always the same. These goals may be looked at from two points of view, abstract values or as concrete embodiments of those values. The kind of change that we are experiencing today and the sort of adaptation that we are making seem to fall largely into the most profound kind of adaptation, both in the Church and in the Society of Jesus.

3 0
3 years ago
Grocers in neighborhoods with a large Hispanic population typically carry more brands that Hispanic consumers prefer than grocer
jolli1 [7]

Answer:

D. local marketing

Explanation:

Local marketing also known as neighborhood marketing is a marketing strategy that targets customers and potential customers in their locality, it is a type of marketing technique that direct their product offerings and marketing efforts towards the residents of their local community. It helps in establishing the brand in the minds of the new customers and the repeat customers.

Local marketing can be done through sponsorship of events, advertisement, e.t.c.

3 0
3 years ago
For 2019, Skresso Co. reported $1.82 of earnings per share of common stock. During 2020, the firm had a 4% common stock dividend
mart [117]

Answer:

$1.75

Explanation:

Earnings per share to be reported = Earnings per share of commo stock * (1 - 4%)

Earnings per share to be reported = $1.82 * 96%

Earnings per share to be reported = $1.7472

Earnings per share to be reported = $1.75

So, the 2019 earnings per share to be reported in the annual report for 2020 are $1.75.

4 0
3 years ago
Comprehensive problem 5 part
Nat2105 [25]
<span>materials cost behavior units per case cos.</span>
4 0
3 years ago
Read 2 more answers
Interview any adult you know about their job. Ask the person questions related to the job. You should find out whether the perso
Llana [10]

Answer:

My Answer: Why did you choose to work here? How do you feel about the organization here? What are you likes about the company? Why are working in the same organization? Would you recommend the organization for future employees?

Explanation:

Plato's Answer: I interviewed my aunt, who works at Triple J Productions. She has been working there for 20 years. When she started out, the company offered voluntary monthly trainings for employees looking to advance. The company had a family picnic every summer for employees and their families. The company was very honest, cared about its employees, customers, etc. Three years ago, the CEO passed away. His son took over the company. Now, they do not have any company picnics. Training has stopped and the company often outsources jobs to employees who will work for low salaries. She is now quite unhappy at the company, but feels that she has invested too much time in it to go somewhere else. Ten years ago, she would have said it is a great place to work. Today, she feels that the company's common practices are sneaky and underhanded and their main motivation is money.

I hope it helps!

3 0
3 years ago
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