Reference no: EM133008543
Question - On June 12, 2019, the esp company subscribes 3,500 bonds issued by construcciones valde, with an issuance value of $ 167.00 per bond; face and repayment value, $ 195.00 per obligation. For each title subscribed, he had to pay $ 1.75 for the formulation of the subscription (higher investment).
Financial life, 6 years, counted from June 15, 2019 nominal interest rate, 8%, payable for one year in arrears (June 15 of each year).
The withholding to bear on interest, 12%.
Regarding the mode of repayment, 25% must be executed for each bond at the end of the last 4 years of the financial life.
Required -
What is the effective rate for this transaction?
What is the amount of the account investments in short-term obligations in transaction that will be carried out on June 15, 2025?
What is the pending value of calculations, for the effective interest for the end of the year 2020?
What is the amount of the account investments in long-term obligations in transaction that will be carried out on June 15, 2021?
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