The face value of a bond is $100,000, its stated rate is 6%, and the term of the bond is five years. The bond pays interest semiannually. At the time of issue, the market rate is 8%. What is the present value of the bonds at issuance? Present value of $1: 4% 5% 6% 7% 8% 5 0.822 0.784 0.747 0.713 0.681 6 0.790 0.746 0.705 0.666 0.630 7 0.760 0.711 0.665 0.623 0.583 8 0.731 0.677 0.627 0.582 0.540 9 0.703 0.645 0.592 0.544 0.500 10 0.676 0.614 0.558 0.508 0.463 Present value of ordinary annuity of $1: 4% 5% 6% 7% 8% 5 4.452 4.329 4.212 4.100 3.993 6 5.242 5.076 4.917 4.767 4.623 7 6.002 5.786 5.582 5.389 5.206 8 6.733 6.463 6.210 5.971 5.747 9 7.435 7.108 6.802 6.515 6.247 10 8.111 7.722 7.360 7.024 6.710
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Albright Corp. has the following balances at the end of the…
Albright Corp. has the following balances at the end of the current year: Total Assets $140,000 Total Liabilities 52,000 Total Equity 88,000 Calculate the debt to equity ratio. (Round answer to two decimal places.)
When managed care organizations (HMO’s) include a prescripti…
When managed care organizations (HMO’s) include a prescription drug benefit, they often publish a list of approved medications called a formulary.
Mary and Tom Weatherly both work and participate in the fami…
Mary and Tom Weatherly both work and participate in the family health insurance plan offered by their separate employers. What term relates to the rules used by their insurance companies relating to paying for their medical services?
Atlantis Corporation has 17,000 shares of 13%, $77 par noncu…
Atlantis Corporation has 17,000 shares of 13%, $77 par noncumulative preferred stock outstanding and 23,000 shares of no-par common stock outstanding. At the end of the current year, the corporation declares a dividend of $184,000. How is the dividend allocated between preferred and common stockholders?
If $22,000 is invested for one year at an annual interest ra…
If $22,000 is invested for one year at an annual interest rate of 15%, it will grow in value to ________.
Discussion of P/E & PEG Ratios How do you calculate a tra…
Discussion of P/E & PEG Ratios How do you calculate a trailing AND forward P/E ratio for a stock? How to you calculate a PEG ratio? What information might you derive from looking at a stock’s P/E and PEG ratio in determining if the stock price seems reasonable? Identify two other ratios you might find useful for identifying possible candidates for stock purchase AND briefly explain why they might be useful to an investor (this part 4 of the question is not related to parts 1-3).
True or False: The Neolithic Revolution came at the same tim…
True or False: The Neolithic Revolution came at the same time in the Americas as it did in the rest of the world that we have discussed this semester.
The Triple Alliance consisted of which three city states?
The Triple Alliance consisted of which three city states?
The Moche were an agirculture-based and socially stratified…
The Moche were an agirculture-based and socially stratified society. They are well known for their development of…