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5. Everhart Company issues l0,000,000, 6%, 5-year bonds dated January 1, 2019 on January I, 2019. The bonds pay interest semiannually on June 30 and
5. Everhart Company issues l0,000,000, 6%, 5-year bonds dated January 1, 2019 on January I, 2019. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 5%. What are the procceds from the bond issue? %0' .78353 %0'9 .74726 2.5% Present value of a single sum for 5 periods .88385 .86261 Present value of a single sum for 10 periods .78120 .74409 .61391 .55839 Present value of an annuity for 5 periods 4.64583 4.57971 4.32948 4.21236 Present value of an annuity for 10 periods 8.75206 8.53020 7.72173 7.36009
5. Everhart Company issues l0,000,000, 6%, 5-year bonds dated January 1, 2019 on January I, 2019. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 5%. What are the procceds from the bond issue? %0' .78353 %0'9 .74726 2.5% Present value of a single sum for 5 periods .88385 .86261 Present value of a single sum for 10 periods .78120 .74409 .61391 .55839 Present value of an annuity for 5 periods 4.64583 4.57971 4.32948 4.21236 Present value of an annuity for 10 periods 8.75206 8.53020 7.72173 7.36009
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne M. Mowen
3rd Edition
0324002327, 978-0324002324
