What is the market value of the debentures

Assignment Help Managerial Accounting
Reference no: EM132864069

Question: 500 000 debentures are in a company at a coupon value of R50 each in issue. During each financial year, interest on these debentures is paid in arrears and in equal quarterly instalments. All these debentures will be redeemed at a premium of 2% on their coupon value in five years' time from now . On 31 March 2021, these debentures were worth R26,5 million. What is the market value of the debentures?

Reference no: EM132864069

Questions Cloud

Organization from business perspective : Identify a contemporary health care issue and write a paper that describes how the issue affects the organization from a business perspective.
Calculate the profit margin : Calculate the profit margin if SaskAlloy reaches an agreement with its metal supplier to reduce the cost of raw material by 10%
Describe company supply chain : Describe the company's supply chain. Identify a process internal to the company that you wish to analyze.
Improve the team development and performance : Describe a scenario in which you were part of a team from the beginning (Forming Stage). Clearly describen the expected activities in this stage and what actual
What is the market value of the debentures : What is the market value of the debentures - 500 000 debentures are in a company at a coupon value of R50 each in issue
Organizational approaches toward managing stress : Describe three organizational approaches toward managing stress, Describe three individual approaches toward managing stress,
SIT771 Object Oriented Development Assignment : SIT771 Object Oriented Development Assignment Help and Solution, Deakin University - Assessment Writing Service - Concept Visualisation
Find the contribution margin ratio for the current year : Evergreen Corporation manufactures circuit boards and is in the process of preparing next year's budget. Find the contribution margin ratio for the current year
Complete external environmental scan : Complete the external environmental scan for your organization. Perform an internal competitive environmental scan for your organization.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Analysis showing the company should eliminate the gloves

Analysis showing whether the company should eliminate the gloves and mittens line. (If an amount reduces the net income then enter with a negative sign)

  Create the statement of cash flows for alpha company

Alpha Company's fiscal year 2017, How would you use this information to create the Statement of Cash Flows for Alpha Company using the indirect method?

  What is the incremental income to division l

Assume the two divisions agree on a transfer price of $80.82. What is the incremental income to division L if a transfer takes place?

  What circumstances may cause the purchasing department

What circumstances may cause the purchasing department to be responsible both an unfavourable material price variance and an unfavourable materials

  How many units will need to be sold to breakeven

If ?xed costs were to decrease 10% during the current year and the new selling price goes into effect, how many units will need to be sold to breakeven?

  Create a flexible budget report and static budget report

Create a flexible budget report and static budget report. In Concord Company, direct labor is $18 per hour. The company expects to operate at 11,000 direct

  Determine the cost of the ending work in process inventory

Determine the cost of the ending Work in Process inventory and the cost of items completed and transferred to Finished Goods inventory.

  What is a contingent liability

What is the financial reporting treatment for contingent liabilities and Explain in detail? What is a contingent liability? Provide the suitable example.

  Demonstrate the manufacturing overhead is

Abburi Company's manufacturing overhead is 55% of its total conversion costs. If direct labor and if direct materials are $27,200, the manufacturing overhead is

  Show the companys cash balance and loan outstanding

Show the company's cash balance and loan outstanding at the end of each month. The company has a line of credit available at an annual interest rate of 12%

  Determine direct labor rate variance and time variance is

Determine The direct labor rate variance and time variance is. Actual pounds purchased and used in production, Standard pounds per completed unit

  Calculate anticipated cash balance at end of month of June

Hallaway Inc. developed the following data for the month of June. Calculate the anticipated cash balance at the end of the month of June

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!

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