Consider a 15 year 6.5% semi-annual coupon bond whose duration is approx. 9.50 years when required rate of return (yield to maturity) is 7.58%. Prove that this bond is immunized if you hold it for 9.50 years.

Q: Talent, a local HR consulting firm, has total partners’ equity of $798,000, which is made up of Hall...

A: Hall capital+ Reynolds capital+ Morris capital = total capital let the total capital be X $619000+$1...

Q: The following information relates to the Davensmith Company: Interest payable, beginning of period ...

A: For calculating interest paid, we need to use below formula. Interest paid = Interest expense record...

Q: What are some of the exempt securities in investor protection and why do we need these securities pu...

A: Securities are the financial instruments whose holders have the claim over the issuing authority. Li...

Q: Problem 4:  Ocean Company recently acquired several items of property, plant and equipment. The tran...

A: 1. Building costcash.                   P1000000 Value of shares  P6000000                          ...

Q: Bull Company is indebted to Apex Company under P 5,000,000, 12% 3-year period Dec. 31, 2018. Because...

A: Total debt till date = Principal debt + accrued interest = P 5000000+ P 600000 = P 5600000  

Q: Exercise 11 -: Al- Mennahel Company produces and sells air-conditions. The following data is pertain...

A: Cost of quality refers to the amount spent by a company for the purpose of utilization of the resour...

Q: Sweet Company purchased equipment on January 1, 2018, for S28,000. Suppose Sweet Company sold the eq...

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in...

Q: Any-How Restaurant sells grilled chicken at P350.00 each and incurs a variable cost per unit of P300...

A: Contribution margin per unit = Selling price - Variable cost            = 350 - 300            = 50 ...

Q: The Prepaid insurance was not recognized in year 2021. What is the effect of its omission in Retaine...

A: Lets understand the basics. Prepaid expense arise when expense is paid for more than one period in c...

Q: A sold his ring, a capital asset, on February 14, 2018. The ring was acquired on January 14, 1980 at...

A: The correct calculation for the above question is given in the following steps for your reerence

Q: Differentiate primary markets from secondary markets and money markets from capital markets.

A:   The Capital market contains two interdependent segments that are Primary market and Secondary mark...

Q: 023? Select] V [ Select ] Debit Sales, P 120,000; Credit Retained Earnings, P 120,000

A:     France Compay  Financial Statement for year ended on 31.12.2022 Sales of P 120000 is been...

Q: Journalize the adjusting entry required at the end of the year, assuming the amount of unexpired ins...

A: Insurance policy can not be purchased in the beginning of the year. It is purchased as per requireme...

Q: Calculate the trade discount and net price (in $) to the nearest cent. List Price Trade Discount Rat...

A: Lets understand the basics. Trade discount is a discount which is provided to the customer for purch...

Q: Milan Company issued bonds with a face value of $275,000 on January 1, Year 1. The bonds had a 7 per...

A: Bonds payable is a form of liability for rhe business, on which regular interest payments needs to b...

Q: Q4. What is the meaning of: b.  n/eom:

A: It is regular affair between the seller and buyer to provide credit terms in the settlement of the a...

Q: 1. Disposal of an asset. From pages 7-7 and 7-8 of the VLN, the company sold the mower after using i...

A: Depreciation means the amount fixed assets written off due to normal wear and tear , normal usage , ...

Q: How many percent was the increase in net income compared to previous year? How much cash does the co...

A: The net income is transferred to retained earnings account so, the net increase in the Retained earn...

Q: The Vladimir Corporation purchased an equipment on January 1, 2020. The machine cost P 92,000, with ...

A: Depreciation is used to denote a decrease in the value of fixed assets. Depreciation is the permanen...

Q: Milan Company issued bonds with a face value of $275,000 on January 1, Year 1. The bonds had a 7 per...

A: >Bonds Payable are the source of finance for the companies.   >The bondholders are entit...

Q: If, for competitive reasons, Washburn eventually has to move all its product ion back to Asia, (a) w...

A: Production planning- Production planning is the process of conducting a systematic investigation and...

Q: Prospect Realty Co. pays weekly salaries of $18,030 on Monday for a six-day workweek ending the prec...

A: Adjusting entry: It implies to a journal entry that is recorded in the company's books at the closin...

Q: 7. Stock quotes Smith Enterprises recently was profiled on a financial information website and toute...

A: Smith Company trades on NYSE as it is already mentioned in the question. 

Q: Aris, Blair, and Cassie are partners who split profits in a 3:3:4 ratio. They have recently been ove...

A: Solution: Total partnership capital before admission of Shane = P60,000 + P80,000 + P120,000 = P260,...

Q: Calculate the trade discount and net price (in $) to the nearest cent. List Price Trade Discount Rat...

A: Formula: Trade discount = List price x Trade discount rate

Q: Which method is required under GAAP? O All are acceptable methods O FIFO O LIFO O Average cost or we...

A: GAAP means the generally accepted accounting principle which means that those accounting principle w...

Q: On January 1, Martinez Inc. issued P 4,000,000, 11% bonds for P 4,260,000. The market rate of intere...

A: Working:    

Q: Ali received an invoice dated 21 March 2021 worth RM 450,000 for 100 units of laptops. The invoice w...

A: Accounting payment terms seem to be the payment policies that providers place on their consumers. Pa...

Q: Ms. Magan Dah and her sister, Ms. Supla Dah got into the cakes and pastries business almost by accid...

A: Hi student Since there are multiple subparts, we will answer only first three subparts. If you want ...

Q: Problem 9-24 (Algorithmic) (LO. 3) USCO incurred $98,000 in interest expense for the current year. T...

A: This question deals with the calculation of how much interest expense is allowed. For levied the tax...

Q: 6. Table values are Present value of 1 for 8 periods at 6% . .627 Present value of 1 for 8 periods a...

A: Price of bond is sum of the present value of annual interest payment and present value of the par va...

Q: Calculate the trade discount and net price (in $) to the nearest cent.

A: Trade discount is the discount on the bulk sell of the products usually allowed by the wholesaler to...

Q: On January 1, the first day of the fiscal year, a company issues a $700,000, 7%, 10-year bond that p...

A: A journal entry is a form of accounting entry that is used to report a business transaction in a com...

Q: High company, your client, failed to record accrued salaries expense of 50,000 as of December 31, 20...

A: Since you have posted question with multiple sub-parts , we will do the first three sub-parts for yo...

Q: North Airlines Company issued $900,000 of 8%, 10-year bonds on January 1, 2017, at Face value. Inter...

A: "Since you have posted a question with multiple sub parts, we will solve first three sub parts for y...

Q: Direction: Compute Deposits in Transit and Outstanding Checks.

A: Deposits in Transit and Outstanding Checks can be calculated by comparing Cash Payments and Cash Rec...

Q: Total Per Unit Sales (7,200 units) Variable expenses $ 230,400 136, 800 $ 32.00 19.00 Contribution m...

A: Formula: Sales revenue = Sales units x sales price per unit

Q: Required information [The following information applies to the questions displayed below.] Intercont...

A: Replacement cost = Required quantity ( in units ) * Replacement cost per unit Cost of order = Quanti...

Q: On January 1, 2024, Lanny, Inc. purchased a copyright for $410,000 cash. The copyright is expected t...

A: The Copyright is an intangible assets. Hence, will be amortized over the useful life of the assets. ...

Q: 6

A: A counterbalancing error happens when an error is happen and that cancels out another error. It is i...

Q: What is the risk free return?

A: Rate of return is the return percentage which an investor gets from the money which has been investe...

Q: usiness interest. Rosa mmater

A:                     Working notes :-                         In partnership :-                      ...

Q: Amicable Company purchased a machine at a cost of P635, 000 on January 1, 2012. It was estimated tha...

A: As posted multiple sub parts we are answering only first three sub parts kindly repost the unanswere...

Q: The production planning team of Red Velvet Inc showed that each product requires 3 units of raw mate...

A: Raw material that would be required for fulfilling the monthly demand: = Monthly demand * raw materi...

Q: What is the difference between Direct and Indirect Financing?

A: Financing refers to raising of funds or capital from various sources. In this process, company borro...

Q: Current Attempt in Progress The following information relates to Blossom Limited's Cash account. The...

A: NSF Checks and fees = NSF check + NSF fees Cash balance = Opening cash balance + Cash receipts - Cas...

Q: Based upon this information, how would I make the following journal entries? Record annual pension ...

A: Record of above journal entry with all necessary workings are as follows.

Q: m, a shareholder in Lager, Inc., (a C corporation), would like to sell 800 of his shares of stock in...

A: When a firm encourages stockholders to sell a part of their stock back to the company, this is known...

Q: the conceptual framework includes which constraint a.prudence b. conservatism c. cost d all of t...

A: IASB is the accounting standard body which is known as International Accounting Standards Board. Con...

Q: At the beginning of the year, AlLmight had a receivable amounting to P 100,000. The recorded sales f...

A: Bad debts expense = Total receivables - collectible receivables  where, Collectible receivables = To...