Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 11, 2021

Assume an organization could issue a zero coupon bond at an annual interest rate of 4 percent with semi-annual compounding for 20 years. If it

Assume an organization could issue a zero coupon bond at an annual interest rate of 4 percent with semi-annual compounding for 20 years. If it receives $2,264.45 for the bond, how much would it have to pay at the maturity date?

Step by Step Solution

★★★★★

3.36 Rating (152 Votes )

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management for Public Health and Not for Profit Organizations

Authors: Steven A. Finkler, Thad Calabrese

4th edition

133060411, 132805669, 9780133060416, 978-0132805667

More Books

Students explore these related General Management questions

Question

Assume that HOS could issue a zero coupon bond at an annual interest rate of 4 percent with semiannual compounding for 20 years. If HOS receives $ 2,264.45 for the bond, how much would it have to pay...

Answered: 3 weeks ago

Question

How much would you have to pay into an account at the end of every 6 months to accumulate $10 000 in eight years if interest is 3% compounded semi-annually?

Answered: 3 weeks ago

Question

An enterprising student invests $1,000 at an annual interest rate that will grow the original investment to $2,000 in four years. In four more years, the amount will grow to $4,000, and this pattern...

Answered: 3 weeks ago

Question

Let x be the number of magazines a person reads every week. Based on a sample survey of adults, the following probability distribution table was prepared. Find the mean and standard deviation of x. 0...

Answered: 3 weeks ago

Question

Explain why understanding trends and new technologies can help an organisation prepare for the future.

Answered: 3 weeks ago

Question

Find the average power consumed by an RC circuit connected to a 60.0-Hz generator with an rms voltage of 172 V. The values of R and C in this circuit are 6.30 k and 2.05 mF, respectively.

Answered: 3 weeks ago

Question

The number of light bulbs of a certain type (measured in hundreds), sold by a large store during a year, is a random variable X having the distribution function The profit that the store makes for...

Answered: 3 weeks ago

Question

Junkyard Arts, Inc., had earnings of $316,000 for 2014. The company had 40,000 shares of common stock outstanding during the year. In addition, the company issued 15,000 shares of $50 par value...

Answered: 3 weeks ago

Question

Banks need to address and manage the fundamental disadvantages they carry which are: 1) Undisclosed fees O2) Long lines at the ATM 3) Lack of execution speed and focus. 4) Long online loan...

Answered: 3 weeks ago

Question

Table contains information about an environmental cleanup project. Shorten the project three weeks by finding the minimum cost schedule. Assume that project indirect costs and penalty costs are...

Answered: 3 weeks ago

Question

Two investment proposals have been made and the following data thereon are given: Project ALPHA Project BETA Investment P123,417 P155,934 Depreciable assets included in the investment figure 60,000...

Answered: 3 weeks ago

Question

1. What was the need of Zurich airport privatization? + recommendation( words of 500 to 600)* references required+ p lagiarism applied*

Answered: 3 weeks ago

Question

Z satellite's body is rotating with an angular velocity about z-axis the solar panels rotate with by angle about y-axis calculate the angular momentum of the satellite

Answered: 3 weeks ago

Question

Claims from a portfolio are believed to have a Pareto (a,A) distribution. In Year 0, a=6 and 2=1,000. An excess of loss reinsurance arrangement is in force, with a retention limit of 500. Inflation...

Answered: 3 weeks ago

Question

Part B: Three masses, x, y, and z, are to rotate in the same plane at the same angular velocity. Their masses and radii from the centre of rotation are: 9 kg at 400 mm radius, 10 kg at 350mm, and at...

Answered: 3 weeks ago

Question

Submit a case analysis a Public Sector Human Resource Management Issue. On hiring process challenges include the following: History and background of the Public Service Human Resource Management...

Answered: 3 weeks ago

Question

1.ABC crop wants to examine the ability of certain factors to explain or predict the number of units sold of its product(Y) over the past quarter by its sales force. Its market research department...

Answered: 3 weeks ago

Question

Below is a sample of the data in the file NFLAttendance which contains the 32 teams in the National Football League, their conference affiliation, their division, and their average home attendance....

Answered: 3 weeks ago

Question

Use the ending balances from Problem 10- 27 to prepare a balance sheet.

Answered: 3 weeks ago

Question

What are other names for owners equity?

Answered: 3 weeks ago

Question

Millbridge Hospital buys 10,000 boxes of latex gloves every year. Each box costs the hospital $ 7. The cost to place an order for the gloveswhich covers the employee staff time, shipping costs, the...

Answered: 3 weeks ago

Question

Climb Higher is a distributor of high end climbing gear and is located in Paradise, Washington. Climb Higher's sales personnel regularly perform the following activities in an effort to maximize...

Answered: 3 weeks ago

Question

Most states have increased the weighting of the sales factor for the apportionment of business income. What are some possible reasons?

Answered: 3 weeks ago

Question

Mark is the sole shareholder of Tex Corporation. Mark first formed Tex as a C corporation. However, in an attempt to avoid having Tex's income double taxed, Mark elected S corporation status for Tex...

Answered: 3 weeks ago

Previous Question Next Question