Question: Hi can you help with this problem. Can you check my calculations are correct? Assignment # 1.) Steved rate: 12% Boedlissue : $200 mil 10yrs
Hi can you help with this problem. Can you check my calculations are correct?

Assignment # 1.) Steved rate: 12% Boedlissue : $200 mil 10yrs 6130 12/31 semi anmally Effective rate ' 10'%. 18 11 Table 4 Present valve of an ardineny anmiry.of $1 12p00,000 * 12.46221= 149546520 O Interest 6%. X 5200 mil Princrpal n=20 i=5% k00,000,000 *, 37689 =75,378,000 224924,520 Table 2 pV of $1 224,924,520 2 Cash Bonds payable Premium cn bands payable o Effective interest methad O Interest expense (5% x 224,924,520) I1,246,226 Premium on Bends paryable Cash (6%. x 200,000,000) Shraight line 3 Interest expense Premim an Bonds Payable 1,246,226 2 200,000,00o 24,929,52 0 te 753,774 12pO0,000. 148,309294 Cash 149,546,520 1,246,2266 BIP Premium 24,924,620 200m 24,924 s26
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