Question Three (A) The results of Tender 1065 herd on 2nd tvfay2008 for Government of Ghana Securities show the rates for 91 Day and 182 Day Treasury Bills as follows: TREASURY BILLS AND NOTES Bid Rates Allotted in Full (% P.A) Range of Bid Rates (% P.A) Securities Discount Rates Interest Rates 91 Day Bill 182 Day Bill 1Year Note | 2 Year Fixed Rate Note 3 Year Fixed Rate Note 10.79 - 13.00 10.79 - 12.80 ?-? 11.00 - 12.70 11.00 - 12.70 ?-? 12.00 - 14.00 12.00 - 14.00 13.00 - 14.00 14.00 - 16.50 13.00 - 14.00 14.00 - 16.50 Source: The Ghanaian Times, Monday May 5, 2008 Using the Discount Rates provided for the 91 Day Bill and 182 Day Bill, calculate their Interest Equivalent Rates indicated in the table with Question Marks (?). ΝΟΤΕ: DO NOT DRAW THE TABLE

Question Three (A) The results of Tender 1065 herd on 2nd tvfay2008 for Government of Ghana Securities show the rates for 91 Day and 182 Day Treasury Bills as follows: TREASURY BILLS AND NOTES Bid Rates Allotted in Full (% P.A) Range of Bid Rates (% P.A) Securities Discount Rates Interest Rates 91 Day Bill 182 Day Bill 1Year Note | 2 Year Fixed Rate Note 3 Year Fixed Rate Note 10.79 - 13.00 10.79 - 12.80 ?-? 11.00 - 12.70 11.00 - 12.70 ?-? 12.00 - 14.00 12.00 - 14.00 13.00 - 14.00 14.00 - 16.50 13.00 - 14.00 14.00 - 16.50 Source: The Ghanaian Times, Monday May 5, 2008 Using the Discount Rates provided for the 91 Day Bill and 182 Day Bill, calculate their Interest Equivalent Rates indicated in the table with Question Marks (?). ΝΟΤΕ: DO NOT DRAW THE TABLE

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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The results of Tender 1065 herd on 2nd May 2008 for Government of Ghana Securities show the rates for 91 Day and 182 Day Treasury Bills as follows: Securities Range of Bid Rates (% P.A) Bid Rate Allotted in Full (% P.A) Discount Rates Interest Rates 91 Day Bill 10.79 - 13.00 ? - ? 182 Day Bill 11.00 - 12.70 10.79 - 12.80 ? - ? 1 Year Note 12.00 - 14.00 11.00 - 12.70 12.00 - 14.00 2 Year Fixed Rate Note 13.00 - 14.00 13.00 - 14.00 3 Year Fixed Rate Note 14.00 - 16.50 14.00 - 16.50 Using the Discount Rates provided for the 91 Day Bill and 182 Day Bill, calculate their Interest Equivalent Rates indicated in the table with Question Marks (?).NOTE: DO NOT DRAW THE TABLE
QS 14-19A (Algo) Computing bond price C2 Compute the selling price of 8%, 10-year bonds with a par value of $340,000 and semiannual Interest payments. The annual market rate for these bonds Is 10%. Use present value Table B.1 and Table B.3 In Appendix B. Note: Round all table values to 4 decimal places, and use the rounded table values In calculations. Cash Flow $340,000 par (maturity) value $13,600 interest payment Price of Bond Table Value Present Value
6.
Cornerstone Exercise 9-46 (Appendix 9A) Bond Issue Price On December 31, 2014, Callahan Auto issued $900,000 of 9%, 10-year bonds. Interest is payable semiannually on June 30 and December 31. Required: What is the issue price if the bonds are sold to yield 8%? Follow the format shown in Present Value tables as you complete the requirement. If required, round your calculations and final answer to the nearest whole dollar.$
Requirement 1. Determine the present value of 10-year bonds payable with face value of $93,000 and stated interest rate of 12%, paid semiannually. The market rate of interest is 12% at issuance. (Round intermediary calculations and final answer to the nearest whole dollar.) 1. Determine the present value of 10-year bonds payable with face value of $93,000 and stated interest rate of 12%,paid semiannually. The market rate of interest is 12%at issuance. 2. Same bonds payable as in Requirement 1, but the market interest rate is 16%. 3. Same bonds payable as in Requirement 1, but the market interest rate is 8%.
Subject- accounting
A1
Question 2. Recording and Reporting Bonds Robinson Inc., as a public company, issues $3 million of 10%, 10-year, corporate bonds on January 1, 2010. The bonds pay interest on every January 1 after the issuance. The company uses the effective-interest amortization method. Required: If market rate on issue date is 10%, prepare journal entries for the issuance and journal entries at the end of December 2010, 2011, and 2019. If market rate on issue date is 12%, prepare journal entries for the issuance and journal entries at the end of December 2010 and 2011. If market rate on issue date is 8%, prepare journal entries for the issuance and journal entries at the end of December 2010, 2011, and 2019.
A 6% coupon U.S. Treasury note pays interest on May 31 and November 30 and is traded for settlement on August 10. What is the accrued interest on the $100,000 face amount of this note? A. 581.97 B.1,163.93 C.2,327.87 D.3,000.00
RCISES i S Exercise 14-17A (Algo) Computing bond interest and price; recording bond issuance LO C2 Brin Company issues bonds with a par value of $700,000. The bonds mature in 6 years and pay 6% annual interest in semiannual payments. The annual market rate for the bonds is 8%. (Table B.1 Table B.2, Table B.3, and Table B.4) Note: Use appropriate factor(s) from the tables provided. 1. Compute the price of the bonds as of their issue date. 2. Prepare the journal entry to record the bonds' issuance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the price of the bonds as of their issue date. Note: Round all table values to 4 decimal places, and use the rounded table values in calculations. Round intermediate calculations to the nearest dollar amount. Table Values are Based on: Cash Flow Par (maturity) value Interest (annuity) Price of bonds n = i= Table Value Amount Required 1 Present Value $ Saved Required 2 > 0
ccounting-20202 Ghadna Al Maskari Section 1 / Midterm Exam 2 Spring 2021 Which of the following is right about bonds trading Select one: O a. Bond prices are quoted as a percentage of the face value O b. No interest will be paid after bond trading O c. Newspapers and the financial press publish bond prices and trading activity daily O d. Bondholders can sell their bonds, at any time, at the current market price on national securities exchanges Next page 直。 اكتب هنا ل لبحث
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