What is the net present value of the refunding

Reference no: EM13286428

The state of idaho issued $2,000,000 of seven percent coupon 20 year semiannual payment tax exempt bonds five years ago. the bonds had five years of call protection but now the state can call the bonds if it chooses to do so. the call premium would be five percent of the face amount. today15 year five percnt seminannual payment bonds can be sold at par but foltation costs on this issue would be two percent. what is th enet present value of the refunding.

Reference no: EM13286428

Questions Cloud

Find what is the maximum number of possible transitions : If an FSM has N states, what is the maximum number of possible transitions that could exist in the FSM. Assume that no pair of states has more than one transition in the same direction and that no state has a transition point back to itself.

Would recipient be as well off under the housing voucher : Would this recipient be as well off under the housing voucher scheme as he would be with a cash transfer of equal value?

Calculate how many electrons pass through the wires : A defibrillator is used during a heart attack to restore the heart to its normal beating pattern. How many electrons pass through the wires connected to the patient

Draw state diagram for fsm with no inputs and three outputs : Draw a state diagram for an FSM (Moore machine) with no inputs and three outputs x, y, and z, where xyz should always exhibit the following sequence: 000, 001, 010, 100, repeat. Make 000 as the initial state.

What is the net present value of the refunding : Today15 year five percnt seminannual payment bonds can be sold at par but foltation costs on this issue would be two percent. what is the net present value of the refunding.

Develop both the moore and mealy machines for an fsm : Draw a state diagram for an FSM that has an input X and an output Y. Whenever X changes from 0 to 1, Y should become 1 for two clock cycles and then return to 0, even if X is still 1. Develop both the Moore and Mealy machines.

Find the components of the crafts acceleration : On a spacecraft, two engines are turned on for 730 s at a moment when the velocity of the craft has x and y components of velocity v0x = 4040 m/s, Find the x and y components of the craft's acceleration

What is your effective annual rate of return : The company paid a dividend of $.25 per share the day before you sold your stock. What is your total dollar return from this investment? What is your effective annual rate of return?

Determine what is the net electric flux through the surface : A point charge of 1.8mC is at the centre of a cubical Gaussain surface having each side 50cm. What is the net electric flux through the surface

User Account

All Pages