Carla Vista Railroad Co. is about to issue $314,000 of 8-year bonds paying an 12% interest rate with interest payable annually. The discount rane for such securities is 10% Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided) How much can Carla Vista expect to receive for the sale of these bonds? (Round answer to 0 decimal places, eg 2,525) Carla Vista can expect to receive
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- Carla Vista Co. is about to issue $460,000 of 10-year bonds paying an 10% interest rate, with interest payable annually. The discount rate for such securities is 12%.Click here to view the factor table.(For calculation purposes, use 5 decimal places as displayed in the factor table provided.)In this case, how much can Carla Vista expect to receive from the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,575. Carla Vista can expect to receive $enter a dollar amount to be recieved rounded to 0 decimal placesSunland Railroad Co. is about to issue $286,000 of 9-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities is 12%. Click here to view the factor table. In this case, how much can Sunland expect to receive from the sale of these bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 0 decimal places, e.g. 2,525.) Present value of bonds $ LACullumber Railroad Co. is about to issue $296,000 of 6-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities is 12%.Click here to view the factor table.(For calculation purposes, use 5 decimal places as displayed in the factor table provided.)In this case, how much can Cullumber expect to receive from the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.) Cullumber can expect to receive $enter a dollar amount rounded to 0 decimal places
- Wildhorse Co. is about to issue $329,900 of 6-year bonds paying an 11% interest rate, with interest payable semiannually. The discount rate for such securities is 10%.Click here to view the factor table.(For calculation purposes, use 5 decimal places as displayed in the factor table provided.)How much can Wildhorse expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,575.)Sunland Company is about to issue $464,000 of 10-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities is 10%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Sunland expect to receive for the sale of these bonds? (Round answer to O decimal places, e.g. 2,575.) Sunland can expect to receive $ Barbara Jones made an investment of $7,606.08. From this investment, she will receive $1,000 annually for the next 15 years starting one year from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What rate of interest will Barbara's investment be earning for her? (Hint: Use Table 4.) (Round answer to 0 decimal places, e.g. 25%.) Rate of interest %Crane Company is about to issue $390,000 of 6-year bonds paying an 12% interest rate, with interest payable annually. The discount rate for such securities is 13%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) In this case, how much can Crane expect to receive from the sale of these bonds? (Round answer to O decimal places, e.g. 2,575.) Crane can expect to receive $
- Marigold Inc. issues $4,100,000 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 10%. Click here to view factor tables. What amount will Marigold receive when it issues the bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answer to O decimal places, e.g. 458,581.) Amount received by Marigold when bonds were issued $ 10822Splish Inc. issues $3,700,000 of 7% bonds due in 12 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 10%.Click here to view factor tablesWhat amount will Splish receive when it issues the bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answer to 0 decimal places, e.g. 458,581.) Amount received by Splish when bonds were issuedCross Country Railroad Co. is about to issue $100,000 of 10-year bonds that pay a 5.5% annual interest rate, with interest payable semi-annually. The market interest rate is 5%. How much can Cross Country expect to receive for the sale of these bonds? To calculate, use (a) the present value tables, (b) a financial calculator, or (c) Excel function PV. (Unknown Rate) HQ Ltd. purchased a used truck from Trans Auto Sales Inc. HQ paid a $4,000 down payment and signed a note that calls for 36 payments of $1,033.34 at the end of each month. The stated rate of interest in the note is 4%. As an incentive for entering into the contract, Trans has agreed to forgive the first two payments under the lease.InstructionsWhat was the purchase price of the used truck excluding the incentive given? To calculate, use (1) a financial calculator or (2) Excel function PV.What effect, if any, does the forgiveness of the first two payments have on the purchase price of the truck?Calculate the present value of…
- Splish Brothers Inc. issues $7,600,000 of 5% bonds due in 5 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 7%.What amount will Splish Brothers receive when it issues the bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answer to 0 decimal places, e.g. 458,581.) Amount received by Splish Brothers when bonds were issuedCurrent Attempt in Progress × Your answer is incorrect. Marin Inc. issues $2,100,000 of 7% bonds due in 10 years with interest payable at year-end. The current market rate of interest fa bonds of similar risk is 9%. Click here to view factor tables. What amount will Marin receive when it issues the bonds? (For calculation purposes, use 5 decimal places as displayed in the factor tabl provided and final answer to O decimal places, e.g. 458,581.)Current Attempt in Progress Coronado Industries is about to issue $288,000 of 10-year bonds paying an 9% interest rate, with interest payable annually. The discount rate for such securities is 10%. Click here to view the factor table 1. Table 2 Table 3 Table 4 How much can Coronado expect to receive from the sale of these bonds? (For calculation purposes, use 5 decimal places as displayed in th factor table provided, e.g. 5.25471. Round answer to O decimal places, e.g. 2,525.)