Direction: Solve for the following problems involving stocks and bonds 2 Find the amount of the semi-annual Coupon for a P30000 bond which pays 12% convertible semi-annualy. Direction: Solve for the following problems involving loans. PROBLEM SOLUTION 1. A loan of P50,000 is to be repaid in full after 2 years. If the interest rate is 7% per annum, how much should be paid after 2 years? 2. For a purchase of a house and lot worth P2,500,000, the bank requires 30% down payment, find the mortgaged amount.
Direction: Solve for the following problems involving stocks and bonds 2 Find the amount of the semi-annual Coupon for a P30000 bond which pays 12% convertible semi-annualy. Direction: Solve for the following problems involving loans. PROBLEM SOLUTION 1. A loan of P50,000 is to be repaid in full after 2 years. If the interest rate is 7% per annum, how much should be paid after 2 years? 2. For a purchase of a house and lot worth P2,500,000, the bank requires 30% down payment, find the mortgaged amount.
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter10: Long-term Liabilities
Section: Chapter Questions
Problem 10.3E: Issue Price The following terms relate to independent bond issues: 500 bonds; $1,000 face value; 8%...
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