Distinguish between the stated or nominal rate of interest on a bond and the real or effective
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
The stated or nominal rate of interest on a bond is also known as the bond i...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
Question Posted:
Students also viewed these Accounting questions
-
Distinguish between the stated rate and the effective rate. Under what circumstances are these rates the same? Under what circumstances are these rates different?
-
Distinguish between the following interest rates for bonds payable: (a) Yield rate (b) Nominal rate (c) Stated rate (d) Market rate (e) Effective rate
-
Define and distinguish between the nominal (stated) rate of interest and the effective rate of interest. Explain why a savings and loan association that pays a nominal rate of 4.5 percent interest,...
-
If the resultant force acting on the hook is F R = {? 200i + 800j + 150k} lb, determine the magnitude and coordinate direction angles of F. 30 F= 600 ib
-
The DC Cisco office is trying to predict the revenue it will generate next week. Ten deals may close next week. The probability of each deal closing and data on the possible size of each deal (in...
-
Much of the demand for U.S. agricultural output has come from other countries. In 1998, the total demand for wheat was Q 3244 283P. Of this, total domestic demand was QD 1700 107P, and domestic...
-
Doverdale plc has some convertible loan stock, with a current market value of 109 per 100 nominal value, on which it will pay interest at the rate of 12 per cent on their nominal value in one years...
-
The data from exercise 2 follow. a. Estimate the standard deviation of y* when x = 8. b. Develop a 95% confidence interval for the expected value of y when x = 8. c. Estimate the standard deviation...
-
Chapeau Company, a U.S. corporation, operates through a branch in Champagnia The source rules used by Champagnia are identical to those used by the United States. For 2020, Chapeau has $10,000 of...
-
Raytheon Company disclosed the following data related to segment sales and operating profits for fiscal 2018. $ millions Total Net Sales Operating Income 2018 2017 2016 2018 2017 2016 Integrated...
-
Headquartered in Toronto, Maple Leaf Foods Inc. is a food processing company with operations across Canada, the United States, Europe, and Asia. It produces meats and meal products, as well as fresh...
-
Suncor Energy Inc. is a major developer in the oil sands of Northern Alberta. Note 17 to Suncor's financial statements (Exhibit 10-15) describes the company's long-term debt as at December 31, 2009....
-
Name three pioneers in the thermal-fluid sciences and indicate their major contributions. Provide an approximate date for these contributions.
-
The following post-closing trial balance was drawn from the accounts of Spruce Timber Co. as of December 31, 2011. Transactions for 2012 1. Acquired an additional \(\$ 10,000\) cash from the issue of...
-
Bankers Trust (BT) was one of the most powerful and profitable banks in the world in the early 1990s. Under the stewardship of chairman Charles Sanford Jr., it had transformed itself from a staid...
-
Hammond Inc. experienced the following transactions for 2011, its first year of operations: 1. Issued common stock for \(\$ 80,000\) cash. CHECK FIGURES b. Net Income: \(\$ 62,520\) Total Assets:...
-
Following are the current prices and last years prices of a gallon of regular gas at a sample of 14 gas stations. Can you conclude that the median price is different now from what it was a year ago?...
-
A sample of nine men participated in a regular exercise program at a local gym. They were weighed both before and after the program. The results were as follows. Can you conclude that the median...
-
Discuss methods organizations can use to manage resistance to change.
-
Hardin Services Co. experienced the following events in 2016: 1. Provided services on account. 2. Collected cash for accounts receivable. 3. Attempted to collect an account and, when unsuccessful,...
-
Ideally, the employee will choose the plan that provides the incremental cash flows (both costs and benefits) that maximize the employee's expected utility of consumption. However, there are many...
-
In addition to the financial statement elements arrayed in the basic financial statements, what are some other ways to disclose financial information to external users?
-
Briefly describe the inputs that companies should use when determining fair value. Organize your answer according to preference levels, from highest to lowest priority.
-
Cash flows during the first year of operations for the Harman-Kardon Consulting Company were as follows: Cash collected from customers, $340,000; Cash paid for rent, $40,000; Cash paid to employees...
-
Accounting changes fall into one of three categories. Identify and explain these categories and give an example of each one.
-
Machinery is purchased on May 15, 2015 for $120,000 with a $10,000 salvage value and a five year life. The half year convention is followed. What method of depreciation will give the highest amount...
-
Flint Corporation was organized on January 1, 2020. It is authorized to issue 14,000 shares of 8%, $100 par value preferred stock, and 514,000 shares of no-par common stock with a stated value of $2...
Study smarter with the SolutionInn App