On January 1, 2016, Blue Company issued ten-year bonds with a face value of P 1,000,000 and a stated interest rate of 8% per year payable semi-annually every July 1 and January 1. The bonds were sold to yield 10%. Present value factors are as follows: Answer this with solution pls
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- A three year bond has 8.1% compound rate and face value of P1000. If the yield to maturity on the bond is 10%, calculate the price of the bond assuming that the bond makes semi-annual compound interest payments. Use 5 decimal places for the PV factor. Answer Format: 111.11A $300,000, ten year, 8% bond issue was sold to yield 9% interest payable annually. Actuarial information for 10 periods as follows: These bonds sold at A $300,000, ten year, 8% bond issue was sold to yield 9% interest payable annually. Actuarial information for 10 periods as follows: These bonds sold at A:at par B:a discount C:a premium a marginIssue Price The following terms relate to independent bond issues: 500 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments 500 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments 820 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments 1,900 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments Use the appropriate present value table: PV of $1 and PV of Annuity of $1 Required: Assuming the market rate of interest is 10%, calculate the selling price for each bond issue. If required, round your intermediate calculations and final answers to the nearest dollar. Need C. & D. help. Situation Selling Price of the Bond Issue a. $462090 b. $461390 c. $fill in the blank 3 d. $fill in the blank 4
- Bond A is a 15-year, 10.50% semiannual-pay bond priced with a yield to maturity of 8.00%, while Bond B is a 15-year, 7.35% semiannual-pay bond priced with the same yield to maturity. Given that both bonds have par values of $1,000, the prices of these two bonds would be: Bond A Bond B A. $1,216.15 $944.67 B. $1,216.15 $913.54 C. $746.61 $913.54Issue Price The following terms relate to independent bond issues: 420 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments 420 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments 780 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments 1,900 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments Use the appropriate present value table: PV of $1 and PV of Annuity of $1 Required: Assuming the market rate of interest is 10%, calculate the selling price for each bond issue. If required, round your intermediate calculations and final answers to the nearest dollar. Situation Selling Price of the Bond Issue a. $ b. $ c. $ d. $A P1000.00, 6-year, 12% bond is offered with a premium of P80.00. If interest is payable semi-annually, determine a) the current yield; (Ans. 11.11%) b) the yield to maturity. (Ans. 10.44%)
- Issue Price The following terms relate to independent bond issues: 420 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments 420 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments 780 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments 1,900 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments Use the appropriate present value table: PV of $1 and PV of Annuity of $1A P10, 000.00, 8-year, 7% bond that pays interest semi-annually is offered at 5% discount. Determine its redemption price if an investor is to realize a yield of 10% semi-annually. (Ans. P12 457.19)Issue Price The following terms relate to independent bond issues: 530 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments 530 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments 780 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments 2,070 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments Use the appropriate present value table: PV of $1 and PV of Annuity of $1 Required: Assuming the market rate of interest is 10%, calculate the selling price for each bond issue. If required, round your intermediate calculations and final answers to the nearest dollar. Situation Selling Price of the Bond Issue a. $fill in the blank 1 b. $fill in the blank 2 c. $fill in the blank 3 d. $fill in the blank 4
- A P 1,000,000 issue of 3%, 15-year bond was sold at 95%. What is the rate ofinterest of this investment?· A. 3.0%· B. 3.4%· C. 3.7%· D. 4.0%The following terms relate to independent bond issues: 460 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments 460 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments 830 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments 1,890 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments Use the appropriate present value table: PV of $1 and PV of Annuity of $1 Required: Assuming the market rate of interest is 10%, calculate the selling price for each bond issue. If required, round your intermediate calculations and final answers to the nearest dollar.A P10 000.00, 5-year, 10% bond is offered with a discount of P250.00. If the bond pays interest quarterly, find a) the current yield; (Ans. 10.26%) b) the yield to maturity. (Ans. 11.07%)