Financial Accounting Issue Price Question And Answers Homework Help
- November 20, 2017
- Posted by:
- Category: Accounting QA
Best UK USA UAE Australia Canada China Financial Accounting Issue Price Question And Answers Homework Help Service Online
1.State whether each of the following statements is true or false.
1. Mortgage bonds and sinking fund bonds are both examples of secured bonds.
2. Unsecured bonds are also known as debenture bonds.
3. The stated rate is the rate investors demand for loaning funds.
4. The face value is the amount of principal the issuing company must pay at the maturity date.
5. The market price of a bond is equal to its maturity value.
Review the types of bonds and the basic terms associated with bonds.
2.Issue Price
The following terms relate to independent bond issues:
a. 500 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments
b. 500 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments
c. 800 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments
d. 2,000 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments
Required
Assuming the market rate of interest is 10%, calculate the selling price for each bond issue.
3.Youngblood Inc. plans to issue $500,000 face value bonds with a stated interest rate of 8%. They will mature in ten years. Interest will be paid semiannually. At the date of issuance, assume that the market rate is
(a) 8%,
(b) 6%, and
(c) 10%.
Required
For each market interest rate, answer the following questions:
1. What is the amount due at maturity?
2. How much cash interest will be paid every six months?
3. At what price will the bond be issued?
How it Works?
How it Works?
Step 1:- Want to buy solution for this. Please click on submit your assignment here and then fill all details and please mentioned product code at the end of the case. Product code is extremely important to locate your assignment. You can also mail us by keeping product code as mail subject to besthomewrokhelpers@gmail.com
Step 2:- As soon as we received your details, we will inform you with through email about quotations of the given assignment. Requesting you to please mention your budget. Also ensure our email besthomeworkhelpers@gmail.com should not go into your spam folder.
Step 3:- Once you agree with our price, click on pay now and pay the agreed amount and once we received the payment assignment will be delivered before agreed deadline.
Step 4:-You can also call us in our phone no. as given in the top of the home page or chat with our customer service representatives by clicking on chat now given in the bottom right corner.
Features
Our Features for Assignment Help Services
Plagiarism Free Solution
The first and foremost things that we promise to our customer is plagiarism free solution i.e. a complete and unique solution as per customer’s university requirements.
Excellent Customer Care Services
You can feel our responsiveness once you use our service. Our team of excellent and dedicated customer service representatives are always ready to provide best customer care service 24X7 . Just drop a mail to besthomeworkhelpers@gmail.com and you can receive response in just no time.
Multiple Stage Quality Assurance
We design a unique multiple stage quality assurance team to ensure plagiarism free, original, relevant and as per customer’s requirements. We not only give importance to accurate solutions or writing but also we give equal importance to references style too.
Privacy and Confidentiality
We believe in maintaining complete privacy and confidentiality of all our clients. None of the information furnished to us is shared with anyone else.
Our Clients
We receive requests from clients all over the World. Most of our customers are from USA, UK, Australia, Canada, UAE, Muscat, Oman, Qatar, UAE, New-Zealand, France Germany etc.
Related Services
- Accounting Homework Help
- Accounting Assignment Help
- Computer Science Homework Help
- Management Homework Help
- Finance Assignment Help
- Online Essay Writing Help
- Strategic management case study help
- Case Study Assignment Help
- Dissertation Writing Help
- Trade finance case study help
- Project Management Assignment Help
- Mechanical Engineering Homework Help
- Online Quiz Help
- Maths homework Help
- Online Exam Help
- Economics Assignment Help
- Economics Homework Help
- English Homework Help
- Macroeconomics Homework Help
- Microeconomics Homework Help
- Statistics Assignment Help
- Australia Taxation Homework Help
- Supply chain management homework help
- Taxation homework help
- USA taxation assignment help
- Advanced accounting homework help online
- Auditing homework writing help
- Human resource management homework help
- Nursing homework help online
- Psychology homework help online
- Sociology homework help online
- Ratio analysis homework help online
- Strategic Management Homework Help Online
- Mba operations management homework help
- Human resource management homework help
- Operations management homework help
4.In October 1997, Hewlett-Packard issued zero coupon (stated interest rate = zero) bonds with a face value of $1.8 billion, due in 2017, for proceeds of $968 million.
(a) What is the life these bonds?
(b) What is the stated interest rate on these bonds?
(c) Estimate the effective rate of interest on these bonds.
(d) How many bonds did HP issue?
5.Merendo Co. sold $600,000, 9%, 10-year bonds on January 1, 2011. The bonds were dated January 1, and interest is paid on January 1 and July 1.The bonds were sold at 105.
Instructions
(a) Prepare the journal entry to record the issuance of the bonds on January 1, 2011.
(b) At December 31, 2011, the balance in the Premium on Bonds Payable account is $27,000.Show the balance sheet presentation of accrued interest and the bond liability at December 31, 2011.
(c) On January 1, 2013, when the carrying value of the bonds was $624,000, the company redeemed the bonds at 105. Record the redemption of the bonds assuming that interest for the period has already been paid.
Product Code: ACC729
Looking for Financial Accounting Issue Price Question And Answers Homework Help , please submit your details here with product code mentioned above.