Jimenez enterprises issued 9 8-year 2600000 par value bonds

Reference no: EM13567112

Jimenez Enterprises issued 9%, 8-year, $2,600,000 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2014, and are issued on that date. The discount rate of interest for such bonds on April 1, 2014, is 10%.

What cash proceeds did Jimenez receive from issuance of the bonds?

Future Value of 1: 1.21000

Future Value of an Annuity of 1: 2.10000

Present Value of 1: .82645

Present Value of an Annuity of 1: 1.73554

Reference no: EM13567112

Questions Cloud

Write a formal paper 1000-1200 words in which you : detailswrite a formal paper 1000-1200 words in which you distinguish the role of allied health in the delivery of

Use the minus sign to enter favorable variances as negative : can you please help me with the calculations for the three variances in this equation? factory overhead cost variances

Bowen company is considering several investment proposals : bowen company is considering several investment proposals as shown belownbspinvestment proposalnbspabcdinvestment

A company uses the fifo method for inventory costing during : a company uses the fifo method for inventory costing. during a period a production department had 22000 units in

Jimenez enterprises issued 9 8-year 2600000 par value bonds : jimenez enterprises issued 9 8-year 2600000 par value bonds that pay interest semiannually on october 1 and april 1.

Taking as a starting point a past governmental action : taking as a starting point a past governmental action against an unjust practicediscuss the effectiveness of the

Consider the following table of revenue and costs at the : consider the following table of revenue and costs at the end of the

You can purchase a new machine for 1875000which will : you can purchase a new machine for 1875000which will provide annual net cash flow of 650000 per year for 5 years. you

What would an antitrust a regulatory and a do-nothing : what would an antitrust a regulatory and a do-nothing theorist say about the electrical power industry? the healthcare

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

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

User Account

All Pages