Tome Insert Draw Page Layout Formulas Data Review View O Tell me e Share X - A A Σ E Insert v Calibri (Body) • 11 2 Wrap Text v General 7- * Delete v BIU H $- % > 8 48 Paste E Merge & Center v Conditional Format Formatting as Table Styles Cll Sort & Filter Find & Select Ideas Format v 9Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Check f 6 :x v fx M Bond Par Ameunt 20,000,000 00 LEVEL DEBT Term in Years 20 Debt Service Annualy (P 1,000,000 00 Principa (P) Debt Service(P (D Year Coupon Interest 0 Tax Base with 2 ncr Operating Property Taes Tetal Taes Debt Service Propeorty Ta Rate Cument Ta ase s00,000,000,000 15.3432344 4656.17654 20.000.00000 500.000.000 00 Operating Prop. Ta Rate per $100 valuation 040 1,000,000 00 1,000.000.00 200,000 00 204.000 00 661,46447 0.1N 33853553 1200,000 00 1.204.000.00 02000 02000 662.655 10 032% 33734490 S10.000.000.00 0.1961 0209
Tome Insert Draw Page Layout Formulas Data Review View O Tell me e Share X - A A Σ E Insert v Calibri (Body) • 11 2 Wrap Text v General 7- * Delete v BIU H $- % > 8 48 Paste E Merge & Center v Conditional Format Formatting as Table Styles Cll Sort & Filter Find & Select Ideas Format v 9Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Check f 6 :x v fx M Bond Par Ameunt 20,000,000 00 LEVEL DEBT Term in Years 20 Debt Service Annualy (P 1,000,000 00 Principa (P) Debt Service(P (D Year Coupon Interest 0 Tax Base with 2 ncr Operating Property Taes Tetal Taes Debt Service Propeorty Ta Rate Cument Ta ase s00,000,000,000 15.3432344 4656.17654 20.000.00000 500.000.000 00 Operating Prop. Ta Rate per $100 valuation 040 1,000,000 00 1,000.000.00 200,000 00 204.000 00 661,46447 0.1N 33853553 1200,000 00 1.204.000.00 02000 02000 662.655 10 032% 33734490 S10.000.000.00 0.1961 0209
Chapter8: Budgets And Bank Reconciliations
Section: Chapter Questions
Problem 2.7C
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Is it valid to claim in public statements that this bond issue will “pay for itself?”
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