User Account

All Pages

What is her purchase price

Assignment Help Financial Accounting
Reference no: EM132964694

Question - Iolanda is planning to purchase an Australian Treasury bond with a coupon rate (j2) of 3.41% and face value of $100. The maturity date of the bond is 15 May 2033.

If Iolanda purchased this bond on 7 May 2018, what is her purchase price (rounded to four decimal places)? Assume a yield rate of 4.88% p.a. compounded half-yearly. Iolanda needs to pay 27.5% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately.

a. 62.4266

b. 70.6020

c. 86.0709

d. 72.0267

Reference no: EM132964694

Questions Cloud

Prepare a stakeholder register : Conduct a sensitivity analysis with respect to interest rate and economic analysis and Identify Stakeholders and prepare a Stakeholder register.
Develop the total project cost : Develop the total project cost as well as providing clear work breakdown structures - Economy analysis and evaluation of the project by Present Worth (PW)
SBM3307 Project Development and Optimisation Assignment : SBM3307 Project Development and Optimisation Assignment Help and Solution, Asia Pacific International College - Assessment Writing Service
What is the expected present value : The rate of interest on default risk-free investments is 8%. What is the expected present value of Cynthia Bennett' cash flow
What is her purchase price : If Iolanda purchased this bond on 7 May 2018 what is her purchase price (rounded to four decimal places)? Assume yield rate of 4.88% p.a. compounded half-yearly
What are the limitations of Zero Base Budgeting : What are the limitations of Zero Base Budgeting? What do you mean by "Economic Batch Quantity" in Batch Costing
Determine December the amount of Earnings : Use this information to determine for December 31, 2020 the amount of Earnings per Share (rounded to the nearest cent)
Determine the labor rate variance : On June 1, 2019 Adelphi Corporation issued $200 000 of 6%, 10-year bonds. Determine the labor rate variance and round to the nearest whole dollar
What are the relevant cash flows : The current salvage value of the old machine is not $8,000, but rather only $3,000. On the basis of this new information, what are the relevant cash flows

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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