Determine the amount of cash paid to bondholders for bond interest for each of the six independent situations below. All dollars a millions. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Interest Payable Increase (Decrease) Unamortized Discount Increase (Decrease) Cash Paid for Interest Situation Interest Expense 11.5 11.5 3.2 11.5 (3.2) (2.9) (2.9) 11.5 11.5 3.2 (2.9) 11.5 (3.2)

Determine the amount of cash paid to bondholders for bond interest for each of the six independent situations below. All dollars a millions. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Interest Payable Increase (Decrease) Unamortized Discount Increase (Decrease) Cash Paid for Interest Situation Interest Expense 11.5 11.5 3.2 11.5 (3.2) (2.9) (2.9) 11.5 11.5 3.2 (2.9) 11.5 (3.2)

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. (Round your answers to nearest dollar amount.) Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. (Round your answers to nearest dollar amount.) \table[[,, \table[[Cash], [Proceeds]], \table[[Discount or], [Premium]]], [a., Pear, Inc. issued $190,000 of 10-year,8 percent bonds at 103., Premium,], [b., Apple, Inc. issued $92,000 of five-year, 12 percent bonds at 99.,, Discount], [c., Cherry Co. issued $196,000 of five-year, 6 percent bonds at 1031/4., Premium,], [d., Grape, Inc. issued $39,000 of four-year, 8 percent bonds at 99.00., Discount,]] Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. (Round your answers to nearest dollar amount.) a.…
Amortize Discount by Interest Method On the first day of its fiscal year, Ebert Company issued $12,000,000 of 5-year, 11% bonds to finance its operations. Interest is payable semiannually. The bonds were issued at a market (effective) interest rate of 12%, resulting in Ebert Company receiving cash of $11,558,459. The company uses the interest method. a. Journalize the entries to record the following: 1. Sale of the bonds. Round amounts to the nearest dollar. If an amount box does not require an entry, leave it blank. 2. First semiannual interest payment, including amortization of discount. Round to the nearest dollar. If an amount box does not require an entry, leave it blank. 3. Second semiannual interest payment, including amortization of discount. Round to the nearest dollar. If an amount box does not require an entry. leave it blank.
FOLLOW THE FORMULAS GIVEN ABOVEDOWNVOTE IF YOU DONT FOLLOW THE FORMULAS
show me the solutions for 7,8,9 thankiessss....
Enter the 3 missing pieces of information. Note: Please make sure your final answer(s) are in percentage form and are accurate to 3 decimal places. For example 34.567%. Nominal interest rate Compounding frequency Periodic interest rate 9.000% 0.000% 4.500% Quarterly Quarterly Monthly 0.000% 1.625% 0.000%
Please provide the answer for all
3. Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV = P + I to find the maturity value. (Round your answers to two decimal places.) Principal Rate (%) Time Interest Maturity Value $185,000 14 1 2 5 months $ $
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The following information is for AmBank. The ECR reflects the relationship of each account's rate to the prime rate. Rate Sensitive Assets 1-year Balance Sheet GAP ECR Loans $55,120,000 82% Securities $28,615,000 67% Rate Sensitive Liabilities MMDAS $41,640,000 34% NOWS $37,260,000 90% CDs >= $100,000 $20,975,000 85% Using this information, how much will NII change if the prime rate rises 1%?
rive loan is below. Payments of $1,987.26 are made monthly. Payment # Payment 1 1,987.26 2 1,987.26 3 1,987.26 Interest Debt Payment Balance 1,604.17 383.09 1,602.41 384.85 1,600.65 386.61 Provide your answer below: X Y Z Calculate the value of z, the balance of the loan at the end of month 3. Give your answer to the nearest dollar. Do not include commas or the dollar sign in your answer.
The koan given below was paid off earty. (a) Find the finance change, and (b) find the uneamed Interest calculated by the rule of 78. Regular Total Number of Remaining Number of Payments Scheduled Amount Monthly Payments Scheduled Payments After Payoff Financed $3,400 $204.96 18 6. (a) The finance charge is $ The unearned interest calculated using the rule of 78 is s (Round the final answer to the nearest cent as needed. Round all intermediate values to the nearest cent as needed.)

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