2. What is the gain or loss from extinguishment of bonds? a. 700,000 gain b. 700,000 loss c. 300,000 gain d. 300,000 Ioss 3. What is the total payment to the bondholders on December 31, 2020? a. 4,200,000 b. 4,440,000 c. 4,240,000 d. 4,040,000

B D E F 1 2 Consider the following newly issued bonds-a coupon-bearing bond, a zero-coupon bond, and a perpetuity. 3 4 Inputs Kimball Industries Coupon Bond 5 Settlement Date 1/1/2020 Blake & Associates Zero-Coupon Bond 1/1/2020 PJ Financial Perpetual Bond 1/1/2020 6 Maturity Date 1/1/2040 1/1/2040 Indefinite/Infinite 7 Coupon Rate 2.44% 0.00% 2.06% 8 Face Value 9 Coupons per Year 100 1 100 100 1 2 10 11 Market Data 12 Yield 3.93% 13 14 Required: 15 Note: Use cells A2 to B12 from the given information to complete this question. 16 17 Using any necessary data above, calculate the Macaulay Duration of each bond. Then, use the Macaulay Duration to solve for the Modified Duration. 18 19 Kimball Industries Coupon Bond Blake & Associates Zero-Coupon Bond PJ Financial Perpetual Bond 20 Price 21 Macaulay Duration 22 Modified Duration 23 24

Suppose that the current carrying value of Old Navy's $1872000 face value bonds is $1865200. If the bonds are retired at 101, what would be the amount Old Navy would pay its bondholders? $1890720 $1874080 $1865200 $1872000

65 The amortization of a premium on bonds payable Group of answer choices increases the carrying amount of the bond. decreases the balance of the bonds payable account. increases the amount of interest expense reported. increases the cash payment to bondholders.

Bonds with a face value of $530000 and a quoted price of 96.25 have a selling price of $508933. O $511450. $508813. O $510125.

39.  Help me selecting the right answer. Thank you

92 Parts I and J: Pure Discount Bond (Treasury Bills) 93 Purchase price 94 Face value 95 Time to maturity (days) 96 Time to maturity (years) 9,750.00 10,000.00 182 0.49863 97 98 Part I: Pure Discount Bond, Compound Daily Return 99 Daily interest rate 100 YTM-the annualized rate 101 102 Part J: Pure Discount Bond, Calculate the continuously compounded return 03 Continuously compounded 04 05 06

Question-based on, 'Entry for retirement".   I have tried but confused about it.    Any help would be appreciated.

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