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Cronan, Inc., sells $1,000,000 general obligation bonds for 98. The interest rate on the bonds, paid quarterly, is 6 percent. Calculate (a) the amount that the company will actually receive from the sale of the bonds, and (b) the amount of both the quarterly and the total annual cash interest that the company will be required to pay.
Suppose you plan to buy a $ 175,000 house using a fifteen year mortgage obtained from your local bank. The mortgage rate offered to you is 7.75%. Determine the amount of interest
You have been emplayed by American Airlines. Your primary task is to keep the Airline in Business & to ensure, you have to accomplish these 2 goals:
Compute the indifference level of EBIT - Determine the indifference level of EBIT between these two alternatives.
For each year of your company's existence, calculate the [GA (by class) your company could have/should have normally claimed assuming your company had millions of profits in each year of its existence. Also, for your company's final year of existe..
The given table provides data about a universal life policy. Fill in the Table Year 1 Year 2 Year 3 Cash value at starting of year $10,000
Analysis of financial condition of a Company - Please analyze the financial condition of the company; under the following category: - profitability
How much will the short fall amount to at the beginning of the retirement period and what lump sum will she need at the beginning of the retirement period
1.For the following scenario, find the order point (R) needed to provide 95 percent service level:
Girard Corporation had sales of 1,120,000 dollar past year on fixed assets of $270,000. However, Girard's fixed assets were being used at only 90 percent of capacity.
Budgeting is an important section of an management planning. Using budgeting, every part of an management structure can be identified for decision making & controls.
Calculation of financial ratios - Evaluate the following ten (10) financial ratios and provide a one sentence explanation of the analytic use of each ratio test. Show your formulas and input. Accuracy to two decimal points is sufficient.
Theory question based on time value of money - Without doing the calculation would the value of the bond go up, go down or stay the same if the maturity date was changed to November 15, 2009. Explain.
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