A company issues bonds with a par value of $390,000. The bonds mature in 5 years and pay 8% annual interest in semiannual payments. The annual market rate for the bonds is 6%. Compute the price of the bonds on their issue date. The following information is taken from present value tables: Present value of an annuity (series of payments) for 10 periods at

A company issued 9%, 15-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity is 8%. Interest is paid semiannually. At what price did the bonds sell?

A company issues bonds with a par value of $370,000. The bonds mature in 5 years and pay 8% annual interest in semiannual payments. The annual market rate for the bonds is 6%. Compute the price of the bonds on their issue date. The following information is taken from present value tables: Present value of an annuity (series of payments) for 10 periods at 3% Present value of an annuity (series of payments) for 10 periods at 4% Present value of 1 (single sum) due in 10 periods at 3% Present value of 1 (single sum) due in 10 periods at 4% Table Values are Based on: n = i = Cash Flow Par (maturity) value Interest (annuity) Price of bonds Table Value Amount Present Value 8.5302 8.1109 0.7441 0.6756

What is the present worth of a $25,000 bond that was purchased for $23,750 and has an interest of 10% per year, payable semiannually?  The bond matures in 15 years.  The interest rate in the marketplace is 8% per year, compounded quarterly.

On January 1, 2021, LMN Company issued 10-year bonds with a face amount of P3,000,000 at a stated interest rate of 8% payable annually on January 1. The bonds were priced to yield 10%. Present value factors are as follows: Present value of P1 for 10 periods Present value of an ordinary annuity of P1 for 10 periods At 8%. 0.46326.7101 At 10%0.38556.1446 The total issue price of the bonds was:

Compute the selling price of 10%, 15-year bonds with a par value of $240,000 and semiannual interest payments. The annual market rate for these bonds is 8%.

2. A 10-year, P20,000 bond was issued at a nominal interest rate of 8% with semiannual compounding. Just after the fourth interest payment, the bond will be sold. Assume that an effective interest rate of 10 % % will apply, and calculate the price of the bond.

Monty Corp. invested in a three-year, $100 face value 9% bond, paying $95.11. At this price, the bond will yield a 11% return. Interest is payable annually.     Prepare a bond discount amortization table for Monty Corp., assuming Monty uses the effective interest method required by IFRS. (Round answers to 2 decimal places, e.g. 52.75.) Bond Discount Amortization Table Date   Cash Received   Interest Income   Bond Discount Amortization   Amortized Cost of Bond Day 1               $enter a dollar amount  End Year 1   $enter a dollar amount    $enter a dollar amount    $enter a dollar amount    enter a dollar amount End Year 2   enter a dollar amount   enter a dollar amount   enter a dollar amount   enter a dollar amount End Year 3   enter a dollar amount   enter a dollar amount   enter a dollar amount   enter a dollar amount     $enter a total amount    $enter a total amount    $enter a total amount      Prepare journal entries to record the initial…

Metlock Inc. issues $4,200,000 of 7% bonds due in 10 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 12%. What amount will Metlock receive when it issues the bonds?

A company has issued 14%, 10 year bond that pays interest semiannually. If the market price of the bond to yield an effective annual rate 13%. What is the price the bond? Please show your calcilation in a handwritten format.