A total of 50 bonds is issued by a corporation at ₱ 1,000 face value each. The bonds are to be redeem by the corporation after 15 years. A fund is established by means of an ordinary annuity for redemption, the interest rate being 4 % compounded annually. Find the annual deposit for this fund.

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A: Periodic deposit for sinking fund can be calculated by annuity from future value formula in excel…

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Q: The company has made an investment in government bonds. The bonds will generate an interest income…

A:

Q: A corporation issues 100 sinking fund bonds of P1,000 face value, redeemable at par in 15 years,…

A: Given: Number of bonds = 100 Face Value = P1000 number of periods "n" = 15*2 = 30 Semiannual coupon…

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A: Annual deposit = X Interest rate (i) = 10%

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A: Please note that as per the guidelines, only the first three questions a, b and c are to be…

Q: Hassan Mustafa realized that when the bonds mature on January 20, 2041, there must be $5,200,000…

A: Sinking fund is type of account in which periodic payment is paid in each period and interest is…

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A: A bond is a type of financial instrument but a debt instrument through the issue of bonds by the…

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A: Requirement a.1, a.2 and a.3:

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A:

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A:

Q: On January 1, a company issues 8%, 5 year, $300,000 bonds that pay interest semiannually each June…

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Q: Morgan Company issues 10%, 20-year bonds with a par value of $760,000 that pay interest…

A: Answer:   Option 3.

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A: Formula used: Discount on bonds payable = Face value of bond - Cash received

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A: Sinking Fund- It refers to the separate fund which company uses to create to reduce the outstanding…

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A: The bonds are paid by the monthly payments that are to be accumulated over the period of time by…

Q: deposit

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A: The effective yield is the return on a bond that has its interest payments (or coupons) reinvested…

Q: A Corporation sold an issue of 15-year bonds, having a total face value of P12,000,000 for…

A: Sinking Fund - A Sinking fund is a type of fund that is created and set up purposely for repaying…

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A: Premium on Bonds issue = Issue value - Face value of bonds = $103,200 - $100,000 = $3,200

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A: A bond is a type of debt instrument issued by companies in order to raise funds. The issuer pays…

Q: What was the principal in the fund at the end of the 12thyear?

A: Sinking Fund is the method where a company makes an annual deposit to the fund with a fixed…

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A: If the bonds were designated at fair value means then the carrying amount of the bonds is…

Q: Whiteside Corporation issues $500,000 of 9% bonds, due in 10 years, with interest payable…

A:

Q: a corporation sold an issue of 15 years bonds having a total face value of 12,000,000 for…

A: Face Value = 12,000,000 Coupon Rate = 15%  Interest Rate = 12%  Semi-annual coupon rate  = Coupon…

Q: Calculate the size of the periodic sinking fund deposits. b. Calculate the sinking fund balance at…

A: Information Provided: Bonds face value = $350,000 Years = 7 Interest rate = 5.50% compounded…

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A: Bonds are debt security which is issued by corporates or government to arrange the funds. Bonds…

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A: Discount = Issued amount - Sold Value Discount = $50,000 - $48,000 Discount = $2,000 Semiannual…

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A: Interest  is paid on face value of bond

Q: A total of 50 bonds is issued by a corporation at ₱ 1,000 face value each. The bonds are to be…

A: N = 15 FV = 50 * 1000 = 50,000 rate = 4% PV = 0 use PMT function in Excel value of the ordinary…