Principal Interest Rate Date of Note Term Maturity Date Maturity Value Date of Discounting Discount Period Discount Rate Disount 40,000 10.40% 12/12 50 days ? ? 01/19 (?) days 15 % ? Net proceeds Accrued Interest Carrying Amount Gain/Loss on Discounting ? ? ? ? Thank you for helping me.
Principal Interest Rate Date of Note Term Maturity Date Maturity Value Date of Discounting Discount Period Discount Rate Disount 40,000 10.40% 12/12 50 days ? ? 01/19 (?) days 15 % ? Net proceeds Accrued Interest Carrying Amount Gain/Loss on Discounting ? ? ? ? Thank you for helping me.
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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Question
100%
Instructions:
Fill in the missing information.
1. Missing Dates: Encode the date in this format: mm/dd
2. Monetary values: Round-off the monetary figures to two decimal places
Use 360 days=1 year in computing for interest
| Principal | Interest Rate | Date of Note | Term | Maturity Date | Maturity Value | Date of Discounting | Discount Period | Discount Rate | Disount |
| 40,000 | 10.40% | 12/12 | 50 days | ? | ? | 01/19 | (?) days | 15 % | ? |
| Net proceeds | Accrued Interest | Carrying Amount | Gain/Loss on Discounting |
| ? | ? | ? | ? |
Thank you for helping me.
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