Determine the interest payment for the following three bonds. (Assume a $1,000 par value.) Note: Round your answers to 2 decimal places. 3.25 percent coupon corporate bond (paid semiannually) 4.00 percent coupon Treasury note Corporate zero-coupon bond maturing in 10 years

QUESTION 16 Con-yay & JZ Incorporated has an average collection period (accounts receivable/daily credit sales) of 74 days. What is the accounts receivable turnover ratio (credit sales/accounts receivable) for Smart and Smiley? You may use a 360-day year. a. 4.86 b. 2.47 c. 2.66 d. 1.68

Find the total proceeds (in $) from the sale of 20 bonds with a coupon rate of 8.75 and a current price of 96.775. (Round your answer to the nearest cent.) The commission charge is $4.00 per bond. The date of the transaction is   145 days since the last interest payment

Imai Company issued a $1.185 million bond that matures in five years. The bond has a 6 percent coupon rate. When the bond was issued, the market rate was 4 percent. The bond pays interest twice per year, on June 30 and December 31. Use Table 9C.1, Table 9C.2.   Required: 1. Record the issuance of the bond on June 30. (Round time value factor to 4 decimal places. Enter your answers in dollars not in millions. Round intermediate and final answers to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) General Entry  Debit - Cash  Credit- Bond payable  What are the amounts for the general entry?

Pet Food Company bonds pay an annual coupon rate of 8.51 percent. Coupon payments are paid semiannually. Bonds have 7 years to maturity and par value of $1,000. Compute the value of Pet Food Company bonds if the market interest rate on this type of bond is 8.22 percent. Round the answer to two decimal places. Your Answer: Answer

Find the total proceeds (in $) from the sale of 30 bonds with a coupon rate of 8.75 and a current price of 96.575. (Round your answer to the nearest cent.) The commission charge is $6.00 per bond. The date of the transaction is 145 days since the last interest payment. 2$

Find the total proceeds (in $) from the sale of 20 bonds with a coupon rate of 8.25 and a current price of 96.375. (Round your answer to the nearest cent.) The commission charge is $4.00 per bond. The date of the transaction is 145 days since the last interest payment.

Calculate the effective annual interest rate for the following: Required: a. A 3-month T-bill selling at $97,600 with par value $100,000. b. A 11% coupon bond selling at par and paying coupons semiannually. Complete this question by entering your answers in the tabs below. Required A Required B A 3-month T-bill selling at $97,600 with par value $100,000. Note: Round your answer to 2 decimal places. Effective annual rate %

Determine the interest payment for the following three bonds. (Assume a $1,000 par value.) (Round your answers to 2 decimal places.) 3.55 percent coupon corporate bond (paid semiannually) 4.30 percent coupon Treasury note (paid semiannually) Corporate zero-coupon bond maturing in 10 years

Determine the interest payment for the following three bonds. (Assume a $1,000 par value.) (Round your answers to 2 decimal places.) 3.35 percent coupon corporate bond (paid semiannually) 4.10 percent coupon Treasury note (paid semiannually) Corporate zero-coupon bond maturing in 10 years $ $ $ 16.75 20.50 0