User Account

All Pages

Find the proceeds of the note

Assignment Help Financial Management
Reference no: EM132405262

Question

Four years and five months after its date of issue, a 7-year promissory note for $8900.00 bearing interest at 5.04% compounded monthly is discounted at 6.5% compounded semi-annually. Find the proceeds of the note. Remember there are no days of grace for promissory notes longer than one year.

Reference no: EM132405262

Questions Cloud

Present a concept map of plant-herbivore interactions : Present a concept map of plant-herbivore interactions and respective plant defenses in general
What is the receivable turnover ratio at the end of most : What is the Receivable Turnover Ratio at the end of most current fiscal year? Accounts Receivable at the end of most fiscal year is $594,998.
What are the fitness benefits of having a longer beak : A. What are the fitness benefits of having a longer beak? Under which conditions might soapberry bugs be helpful in the restriction of invasive species?
Federal government has greatest impact on american citizens : Overall I think the federal government has the greatest impact on American citizens. The federal government controls the actions of local and state governments.
Find the proceeds of the note : Four years and five months after its date of issue, a 7-year promissory note for $8900.00 bearing interest at 5.04% compounded monthly is discounted.
What is the habitat of barred owls : What is the habitat of barred owls and can you brake the habitat into subsections that address the abiotic and biotic factors?
Determine the size of the final payment if the money : A debt payment in the amount of $2000.00 due today, is to be settled by a payment of $1500.00 nine months from now and a final payment in 18 months.
To what will the deposit amount on that date : This trust deposit can be withdrawn on Chelsea's twenty-fifth birthday. To what will the deposit amount on that date at 19.11% compounded semi-annually?
What affect does phenylephrine-acetylcholin : What affect does phenylephrine, acetylcholin, sodium nitroprusside. and inhibitor L-NAME have on smooth muscle cells in the aorta?

Reviews

Write a Review

Financial Management Questions & Answers

  Wholesale plumbing supply store.

You own a wholesale plumbing supply store. What is the business worth today if the cost of capital is fixed at 9.8 %?

  Communications is new firm in rapidly growing industry

Combined Communications is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 23 percent a year for the next 4 years and then decreasing the growth rate to 4 percent per year. The company just paid ..

  What is the bonds coupon rate

Suppose a five-year, $1,000 bond with annual coupons has a price of $897.99 and a yield to maturity of 5.9%. What is the bond's coupon rate?

  Value of net income available to common stockholders

In 2015, Jake's Jamming Music, Inc., announced an ROA of 8.55 percent, ROE of 14.40 percent, and profit margin of 13.9 percent. The firm had total assets of $9.4 million at year-end 2015. Calculate the 2015 value of net income available to common sto..

  Different investor weights

Different investor weights. Two risky portfolios exist for? investing: one is a bond portfolio with a beta of 0.5 and an expected return of 8.3?%,

  What will happen to the current price

If the current price is $100 and the expected future price one year from now just increased from $110 to $120, what will happen to the current price?

  Prepare the federal estate tax return

Based on this information and making whatever reasonable assumptions you need to make, please prepare the federal estate tax return for Ellen’s estate.

  What is debt–equity ratio for company based on market values

Kiedis Corp. has interest bearing debt with a market value of $66.3 million. The company also has 2.2 million shares that sell for $27 per share. What is the debt–equity ratio for this company based on market values?

  Determine the incremental cash flows

Determine the incremental cash flows associated with the proposed replacement. Be sure to consider the depreciation in year 6.

  Determine the cash flow from operating activities

Prestige Auto's records show net income of $30,00, depreciation expense of $10,000, and cash dividend paid of $5,000. Using the indirect method, determine the cash flow from operating activities on the cash flow statement.

  Average annual income during retirement-stated in inflation

On excel a relationship to get Average annual income during retirement--stated in inflation-adjusted dollars: My Average annual income during retirement--stated in today's dollars is 80,000, Average annual inflation rate during your career 3.20%, and..

  Two firms are considering borrowing

Two firms are considering borrowing. One firm has very good prospects in terms of future projects and is in an area in which cash flows are volatile and future needs are difficult to assess. The other firm has more stable cash flows and fewer project..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd