Marwick Corporation issues 10%, 5 year bonds with a par value of $1,080,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 8%. What is the bond's issue (selling) price, assuming the following Present Value factors: 1n= i= Present Value of an Annuity(seriesof payments) Present value of 1(single sum) 5 10?% 3.7908? 0.6209? 10 5?% 7.7217? 0.6139? 5 8?% 3.9927? 0.6806? 10 4?% 8.1109? 0.6756?
A. $1,517,989
B. $1,167,637
C. $642,011
D. $869,244
E. $1,080,000
Answer: B
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Marketing plans are constructed at:
A) corporate and group planning. B) SBU planning. C) annual marketing planning. D) monthly planning.
Production estimates for August are as follows: Estimated inventory (units), August 1 12,000 Desired inventory (units), August 31 9,000 Expected sales volume (units), August 75,000 For each unit produced, the direct materials requirements are as follows: Direct material A ($5 per lb.) 3 lbs. Direct material B ($18 per lb.) 1/2 lb. The total direct materials purchases (assuming no beginning or
ending inventory of material) of materials A and B required for August production is: A) $1,080,000 for A; $1,296,000 for B B) $1,080,000 for A; $648,000 for B C) $1,125,000 for A; $675,000 for B D) $1,170,000 for A; $702,000 for B
360 degree feedback activities are typically part of:
a. coaching relationships b. feedback intensive programs c. developmental experiences d. self-awareness programs
Describe what might occur during the market analysis component of due diligence, prior to the actual investment.
What will be an ideal response?