Find the face value of the zero-coupon bond. 19-year bond at 3.9%; price $12,000 The face...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Find the face value of the zero-coupon bond. 19-year bond at 3.9%; price $12,000 The face value will be $ 24,997. (Do not round until the final answer. Then round to the nearest dollar as needed.) Find the face value of the zero-coupon bond. 19-year bond at 3.9%; price $12,000 The face value will be $ 24,997. (Do not round until the final answer. Then round to the nearest dollar as needed.)
Expert Answer:
Posted Date:
Students also viewed these finance questions
-
Since the early 2000s, there has been a significant increase in the price of corn-based ethanol. a. A key input in the production of corn-based ethanol is corn. Use an appropriate diagram to explain...
-
Axel Telecommunications has a target capital structure that consists of 70% debt and 30% equity. The company anticipates that its capital budget for the upcoming year will be $3,000,000. If Axel...
-
The spacing between lines in the pure rotational spectrum of 11 B 2 D is 3.9214 10 11 s 1 . Calculate the bond length of this molecule.
-
Presented below are the balance sheet accounts of the Mayfair Company as of December 1, 2017. The accounts are listed in random order. During the month of December 2017, the following events...
-
On January 2, 2008, P Company, a U.S.-based company, acquired for 2,000,000 francs an 80% interest in SFr Company, a Swiss company. On January 2, 2008, SFr Company reported a retained earnings...
-
Carlos, analista financiero de la empresa Corporacin Total, es el encargado de evaluar el nivel de conocimiento de los practicantes universitarios. Actualmente, usted est realizando la prctica...
-
Assume that the data are representative of the future so that the returns obtained on firm A and the S&P 500 are the same as their expected returns. Complete the following questions: a. The...
-
Martinez Coffeeshop began operations April 1 . At April 3 0 , the trial balance shows the following balances for selected accounts: Prepaid Insurance $ 3 , 7 9 2 Equipment 2 2 , 4 0 0 Notes Payable 2...
-
Find the y-intercept of f(x) = 7(x+2)+1. (Enter your answer as a ordered pair.) Provide your answer below: The y-intercept is
-
2. Find the vertex and x-intercepts of g(x)=4x+4x-63.
-
In the following array, which node does not satisfy the heap rule when mapped to a complete binary tree? Index Data 0 91 1 74 2 80 3 46 4 70 5 62 6 68 7 32 8 30 9 48 10 50 11 63
-
Brown Cow Dairy uses the aging approach to estimate Bad Debt Expense. The balance of each account receivable is aged on the basis of three time periods as follows: ( 1 ) 1 to 3 0 days old, $ 1 1 , 6...
-
Consider the following economy: Labor supply: N t = 90 Capital stock: K t = 90 Government spending: G t = 20 Tax collections: T t = 20 Production function: Y t = 2(K t ) 0.5 (N t ) 0.5 Real money...
-
$10,000 was borrowed at 3.5% on July 17. The borrower repaid $5000 on August 12, and $2000 on September 18. What final payment is required on November 12 to fully repay the loan?
-
The economy of large-scale production _________ new firms from entering a market because high initial average total costs impose heavy losses on new entrants.
-
Because they are mutually interdependent, oligopolists are tempted to get together and agree to act jointly, or to _________, to reduce uncertainty and raise profits.
-
Mutual interdependence means that no firm knows with _________ what its demand curve looks like. The demand curve and the profit-maximizing price and output will depend on how others _________ to the...
Study smarter with the SolutionInn App