Kirby railroad co is about to issue 257000 of 8-year bonds

Assignment Help Accounting Basics

Reference no: EM13594058

Kirby Railroad Co. is about to issue $257,000 of 8-year bonds paying a 8% interest rate, with interest payable semiannually. The discount rate for such securities is 12%.How much can Kirby expect to receive for the sale of these bonds?

Reference no: EM13594058

Questions Cloud

Essence of persia inc began operations on january 1 2010 : the following is the comprehensive problem in the textbook which encompasses all of the elements learned in previous

Te flask and its contents weigh 4709 g b how much does : an empty erlenmeyer flask weighs 212.0 g. when filled with water d 1.00 gcm3 the flask and its contents weigh 470.9

A quantity of 13 mol of argon gas is confined to a 21 l : a quantity of 1.3 mol of argon gas is confined to a 2.1 l container at a pressure of 1019 kpa. what is vrms for the

Give the molecular formula of a hydrocarbon containing five : give the molecular formula of a hydrocarbon containing five carbon atom containing five carbon atoms that is a. an

Kirby railroad co is about to issue 257000 of 8-year bonds : kirby railroad co. is about to issue 257000 of 8-year bonds paying a 8 interest rate with interest payable

Product cost abc company believes that it has an additional : product cost abc company believes that it has an additional 5000 machine hours available in the current facility before

Youve just been hired onto abc company as the corporate : youve just been hired onto abc company as the corporate controller. abc company is a manufacturing firm that

While in europe if you drive 113km per day how much money : while in europe if you drive 113km per day how much money would you spend on gas in one week if gas costs 1.10euros

When is it more likely for a light bulb filament to burn : question when is it more likely for a light bulb filament to burn out when it is switched on or after it has been

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