When the market rate of interest was 12%, Halprin Corporation issued $378,000, 11%, four-year bonds that...
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When the market rate of interest was 12%, Halprin Corporation issued $378,000, 11%, four-year bonds that pay interest annually. The selling price of this bond issue was Use the following table, if needed. Present Value of $1 at Compound Interest Periods 5% 1 2 3 4 5 6 7 8 9 10 6% 7% 0.95238 0.94340 0.93458 0.90703 0.89000 0.87344 0.86384 0.83962 0.81630 0.82270 0.79209 0.76290 0.78353 0.74726 0.71299 0.74622 0.70496 0.66634 0.56447 0.50663 0.71068 0.66506 0.62275 0.51316 0.45235 0.58201 0.46651 0.40388 0.54393 0.42410 0.36061 0.32197 0.6 0.64461 0.59190 0.61391 10% 0.90909 0.82645 0.75132 12% 0.89286 0.79719 0.71178 0.68301 0.63552 0.62092 0.56743 0.55840 0.50835 0.38554 8 9 10 2 3 4 Present Value of an Annuity of $1 at Compound Interest Periods 5% 1 5 сл 6 7 8 9 0.67684 10 0.62741 0.58201 0.46651 0.54393 0.42410 0.50835 0.38554 0.64461 0.59190 0.61391 0.55840 a. $366,520 b. $367,861 C. $509,696 d. $608,088 6% 7% 0.95238 0.94340 1.85941 1.83339 2.72325 2.67301 2.62432 3.54595 3.46511 3.38721 4.32948 4.21236 5.07569 4.91732 4.76654 5.78637 5.58238 5.38929 4.86842 6.46321 6.20979 5.97130 5.33493 7.10782 6.80169 6.51523 5.75902 7.72173 7.36009 7.02358 6.14457 10% 0.93458 0.90909 1.80802 1.73554 2.48685 3.16987 3.79079 4.10020 4.35526 0.40388 0.36061 0.32197 12% 0.89286 1.69005 2.40183 3.03735 3.60478 4.11141 4.56376 4.96764 5.32825 5.65022 When the market rate of interest was 12%, Halprin Corporation issued $378,000, 11%, four-year bonds that pay interest annually. The selling price of this bond issue was Use the following table, if needed. Present Value of $1 at Compound Interest Periods 5% 1 2 3 4 5 6 7 8 9 10 6% 7% 0.95238 0.94340 0.93458 0.90703 0.89000 0.87344 0.86384 0.83962 0.81630 0.82270 0.79209 0.76290 0.78353 0.74726 0.71299 0.74622 0.70496 0.66634 0.56447 0.50663 0.71068 0.66506 0.62275 0.51316 0.45235 0.58201 0.46651 0.40388 0.54393 0.42410 0.36061 0.32197 0.6 0.64461 0.59190 0.61391 10% 0.90909 0.82645 0.75132 12% 0.89286 0.79719 0.71178 0.68301 0.63552 0.62092 0.56743 0.55840 0.50835 0.38554 8 9 10 2 3 4 Present Value of an Annuity of $1 at Compound Interest Periods 5% 1 5 сл 6 7 8 9 0.67684 10 0.62741 0.58201 0.46651 0.54393 0.42410 0.50835 0.38554 0.64461 0.59190 0.61391 0.55840 a. $366,520 b. $367,861 C. $509,696 d. $608,088 6% 7% 0.95238 0.94340 1.85941 1.83339 2.72325 2.67301 2.62432 3.54595 3.46511 3.38721 4.32948 4.21236 5.07569 4.91732 4.76654 5.78637 5.58238 5.38929 4.86842 6.46321 6.20979 5.97130 5.33493 7.10782 6.80169 6.51523 5.75902 7.72173 7.36009 7.02358 6.14457 10% 0.93458 0.90909 1.80802 1.73554 2.48685 3.16987 3.79079 4.10020 4.35526 0.40388 0.36061 0.32197 12% 0.89286 1.69005 2.40183 3.03735 3.60478 4.11141 4.56376 4.96764 5.32825 5.65022
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Related Book For
Financial Accounting An Integrated Statements Approach
ISBN: 978-0324312119
2nd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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