At the beginning of 2020 Mandi Cor. issued 10,000 bonds for 50 years of $100 par bond.
Question:
At the beginning of 2020 Mandi Cor. issued 10,000 bonds for 50 years of $100 par bond. The stated rate was 10% and the market rate was 2%.
Instruction:
Calculate the carrying value for the bonds at the issuance date using Excel
Prepare the amortization schedule using Excel.
Question 2:
On 1/1/2015 Meera corporation invested in held to maturity securities the face value was $300,000 the maturity date is 1/1/2030. The security market rate was 10% and the stated rate was 5%.
Instruction:
Calculate the discount /premium if any on the security using Excel (2.5 Points).
Prepare the amortization schedule using Excel (5 Points).
Project Management A Managerial Approach
ISBN: 978-0470226216
7th Edition
Authors: Jack R. Meredith, Samuel J. Mantel,