A $10 000 bond with 5% interest payable quarterly, redeemable at par on November 15, 2034, was bought on July 2, 2018, to yield 9% compounded quarterly. If the bond sells at 92.75 on September 10, 2024, what would the gain or loss on the sale be?
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- On January 1, 2018, Wawatosa Inc. issued 5-year bonds with a face value of $200,000 and a stated interest rate of 12% payable semi-annually on July 1 and January 1. The bonds were sold to yield 10%. Assuming the bonds were sold at 107.732, what is the selling price of the bonds? Were they issued at a discount or a premium?A $1,000 bond that pays interest at j23D6% is redeemable at par on March 1, 2025. Find the purchase price that would have been paid on September 1, 2010 to yield the investor j2=4.8%. Your Answer: AnswerA P1,000, 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 2022. It is bought on June 21, 2021 to yield 4% interest. Find the price of the bond. With Cash flow diagram
- f. Now assume the date is October 25, 2019. Assume further that a 12%,10-year bond was issued on July 1, 2019, pays interest semiannually (onJanuary 1 and July 1), and sells for $1,100. Use your spreadsheet to findthe bond’s yield.A $10,000 bond with a coupon rate of 5% was redeemable on July 1, 2028. It was purchased on September 10, 2015 when the yield rate was 6% compounded semi- annually. Determine the purchase price of the bond. Paragraph IU ... Purchase Date: Redemption Date: 取 AAssume that a bond is issued with the following characteristics: Date of bonds: January 1, 2023; maturity date: Dec. 31, 2027; face value: $200,000; Coupon interest rate: 10 percent paid semiannually; market interest rate: 12 percent; issue price: $185,280; bond discount is amortized using the effective interest method of amortization. What is the amount of bond discount amortization for the June 30, 2023, adjusting entry? A) $559 B) $1,117 C) $10,000 D) $11,117
- A $50,000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August 1, 2033. The bond is sold on the primary market on December 10, 2013, to yield 5.8% compounded semi-annually. Determine the amount of discount or premium on the sale of the bond. ASAP Thanks Please give me answer without using Excel. I will really upvote.A 15000 Manulife Financial Corporation bond bearing interest at 5.66% payable semi-annually is redeemable at par on March 12,2028. The bond is sold on the primary market on January 5,2021, to yield 6.42% compounded semi-annually. a) Calculate the purchased price.(use Bond key) b) The accrued interestA 12% Pl face value bond with interest payable June 30 and December 31, which matures on June 30, 2026, was purchased at 95 for short term investment purposes on June 30, 2021. At the end of December 31, 2021 , the bonds were quoted at 110. By June 30, 2022, all the bonds were sold at 115. How much would be the total cash that would be received by June 30, 2022? a.1,000,000 b.1,100,000 c.1,150,000 d.1,210,000
- A $10,000 bond redeemable at par on August 10, 2019 was bought on June 15, 2015. The bond pays 5% compounded semi-annually and the current yield is 6% compounded semi-annually. Round final answers to the nearest cent. a) What was the purchase price of the bond?A $8,000 bond paying interest at 5% compounded semi-annually is redeemable on Sept. 1, 2026. The bond is purchased on December 8, 2014 to yield 7% compounded semi-annually. Calculate the purchase price.(see attached image, kindly answer it based on your knowledge, thank you!) Determine the purchase price of the following debt securities that Ace Company intends to purchase: a. 10%, P5,000,000 face value, five-year bonds dated June 30, 2020, for purchase on July 1, 2020, interest payment dates are June 30 and December 31. b. 6% P10,000,000 face value, ten-year bonds, dated June 30, 2018, for purchase on July 1, 2020, interest payment date is June 30. The market rate of interest on July 1, 2020 is 8%.