Mini Lop, Inc. paid $350,000 to retire a bond with a face value of $300,000. The note was issued with an 8% coupon rate paid semi-annually. The note was four years from maturity and had a carrying amount of $340,000. What is the net gain or loss on the redemption of the note? Group of answer choices a. $50,000 loss b. $40,000 loss c. $40,000 gain d. $10,000 loss e. The provided answers are incorrect

A bank makes a 5-year $75,000 loan with no principal payments in years 1-2 and principal payments of $25,000 in Years 3, 4 and 5. The interest rate is 8% and will be paid every year. What interest and principal is paid in year 4   A $6,000 + $25,000     B $6,000+$50,000     C $4,000+$25,000     D $4,000+$50,000

Listen A $5,000 bond paying interest at j-6%, redeemable at par on April 1, 2009 is priced at $4,600 on April 1, 2002. Find the yield rate to 2 decimal places. Show your work in your workbook. Your Answer: Answer

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A company issued bonds with a par value of $250,000 and a maturity of 25 years. The Bonds pay interest every six months based on a nominal interest rate of 8% per year. If on the date of issuance of the bonds the market rate (yield) is 10%: a. What will be the selling price of the bonds? b. If after 15 years the company retires the bonds, paying the amount of $225,000, how much will the gain or loss on debt retirement? Go back and assume that the market rate is 5.75%. a. What will be the selling price of the bonds? b. Make the journal entry to recognize interest expense in the third six-month period of the bonds. Assume that the bonds do NOT pay periodic interest. a. What will be the selling price of the bonds? b. Make the journal entry to recognize interest expense in the third year of the bonds.

A note with a face value of BD 2,600 will mature after 3 Years from today is sold to a bank that uses a 6% annual compound interest rate. The bank deducted BD15 as a commission and BD72 as a collection charge. Find the net present value and total discounts.

a. Assuming you purchased the bond for $350 what rate of return would you earn if you held the bond for 25 years until it matured with a value $1000? a. Rate of return____% b. Suppose under the terms of thebond you could redeem the bond in 2024. DMF agreed to pay an annual interest rate of 1.4 percent until the date. How much would the bond be worth at that time? b. Bond value_____ c. In 2024 instead of cashing in the bond for its then current value you decide to hold the bond until it mature in 2043. What annual rate of return will you earn over the last 19 years? c. Rate of return___%

Please explain proper steps by Step and Do Not Give Solution In Image Format ? And Fast Answering Please ?

Please answer all questions and show all calculations. Thank you.