User Account

All Pages

What would be the amount of discount

Assignment Help Accounting Basics
Reference no: EM132060886

Question - A 10 year, 5%, $1,000,000 bond was issued on January 1, 2005. The bond pays interest yearly. At the time of issuance, the market rate was 6%. The bonds were retired on January 1, 2013 for 102 percent par. What would be the amount of discount that would have to be credited upon the retirement?

$0

$18,330

$45,962

$73,595

More information is required.

Reference no: EM132060886

Questions Cloud

Prepare the journal entries to record this transaction : On March 4, 2015, Carpenter Co. receives payment of $5,920 in full from Megan Gray. Prepare the journal entries to record this transaction
Clear example of ineffective altruism : What modern day phenomena is a clear example of Ineffective Altruism? How could it be changed to make it effective?
What circumstances would the pmhnp order naloxone : Under what circumstances would the PMHNP order naloxone (Narcan) IM/SQ?
Calculate cost of goods sold and ending inventory : For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIFO. (3) Moving-average cost
What would be the amount of discount : The bonds were retired on January 1, 2013 for 102 percent par. What would be the amount of discount that would have to be credited upon the retirement
Special concerns or considerations for interpreting results : What are the special concerns or considerations for interpreting results when the dependent variable is a physiological measure
Compute the estimated cost of the ending inventory : On June 30, Calico Fabrics has the following data pertaining to the retail inventory method. Compute the estimated cost of the ending inventory
What is the us versus them mentality : What is the "Us Versus Them" mentality, including the concepts of in-group bias and out-group homogeneity?
Person suffering from addiction play : What if any part does a family or friend play in a person suffering from addiction play in that person getting clean? Being so close to the situation

Reviews

Write a Review

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

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