Brief Exercise G-1

Brief Exercise G-14 Concord Corporation is about to issue $282,000 of 10-year bonds paying an 11% interest rate, with interest payable semiannually. The discount rate for such securities is 8%. Click here to view the factor table 1. Click here to view the factor table 2. Click here to view the factor table 3. Click here to view the factor table 4. How much can Concord expect to receive for the sale of these bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided,e.g. 5.25471. Round answer to o decimal places, e.g. 2,525.) Concord can expect to receivet Click if you would like to Show Work for this question: Open Show Work Table 1 Future Value of 1 (n) Periods 4% 5% 6% 8% 9% 10% 11% 12% 15% 1.00000 1.04000 1.08160 1.12486 1.16986 1.21665 1.26532 1.31593 1.36857 1.42331 1.48024 1.53945 1.60103 1.66507 1.73168 1.80094 1.87298 1.94790 2.02582 2.10685 2.19112 1.00000 1.00000 1.00000 1.00000 1.05000 1.06000 1.07000 1.08000 1.10250 1.12360 1.14490 1.16640 1.15763 1.19102 1.22504 1.25971 1.21551 1.26248 1.31080 1.36049 1.27628 1.33823 1.40255 1.46933 1.34010 1.41852 1.50073 1.58687 1.40710 1.50363 1.60578 1.71382 1.47746 1.59385 1.71819 1.85093 1.55133 1.68948 1.83846 1.99900 1.62889 1.79085 1.96715 2.15892 1.71034 1.89830 2.10485 2.33164 1.79586 2.01220 2.25219 2.51817 1.88565 2.13293 2.40985 2.71962 1.979932.260902.57853 2.93719 2.07893 2.39656 2.75903 3.17217 2.18287 2.54035 2.952163.42594 2.29202 2.69277 3.15882 3.70002 2.40662 2.85434 3.379933.99602 2.52695 3.02560 3.61653 4.31570 2.65330 3.20714 3.869684.66096 1.00000 1.00000 1.00000 1.00000 1.00000 1.09000 1.10000 1.11000 1.12000 1.15000 1.18810 1.21000 1.23210 1.25440 1.32250 1.29503 1.33100 1.36763 1.40493 1.52088 1.41158 1.46410 1.51807 1.57352 1.74901 1.53862 1.61051 1.68506 1.76234 2.01136 1.67710 1.77156 1.870411.97382 2.31306 1.82804 1.948722.07616 2.21068 2.66002 1.99256 2.14359 2.30454 2.47596 3.05902 2.171892.35795 2.55803 2.77308 3.51788 2.36736 2.59374 2.83942 3.10585 4.04556 2.58043 2.85312 3.15176 3.47855 4.65239 2.81267 3.13843 3.49845 3.89598 5.35025 3.06581 3.45227 3.88328 4.36349 6 .15279 3.34173 3.79750 4.31044 4.88711 7.07571 3.64248 4.17725 4.784595.47357 8.13706 3.97031 4.59497 5.310896.130399.35762 4.32763 5.05447 5.895096.86604 10.76126 4.71712 5.55992 6.54355 7.68997 12.37545 5.14166 6.11591 7.26334 8.61276 14.23177 5.60441 6.72750 8.06231 9.6462916.36654 7% 8% 9% 9% 10% 11% 12% 15% Table 2 Future Value of an Annuity of 1 (n) 4% 5% 6% Payments 1.00000 1.00000 1.00000 2.04000 2.05000 2.06000 3.12160 3.15250 3.18360 4.24646 4.31013 4.37462 5.41632 5.52563 5.63709 6.63298 6.80191 6.97532 7.89829 8.14201 8.39384 9.21423 9.54911 9.89747 10.58280 11.02656 11.49132 12.00611 12.57789 13.18079 13.48635 14.20679 14.97164 15.02581 15.91713 16.86994 16.62684 17.71298 18.88214 18.29191 19.59863 21.01507 20.02359 21.57856 23.27597 21.82453 23.65749 25.67253 23.69751 25.84037 28.21288 25.64541 28.13238 30.90565 27.67123 30.53900 33.75999 29.77808 33.06595 36.78559 1.0000 1.00000 1.00000 1.00000 1.00000 1.00000 2.0700 2.08000 2.09000 2.10000 2.11000 2.12000 3.2149 3.24640 3.27810 3.31000 3.34210 3.37440 4.4399 4.50611 4.57313 4.64100 4.70973 4.77933 5.7507 5.86660 5.98471 6.10510 6.22780 6.35285 7.1533 7.33592 7.52334 7.71561 7.91286 8.11519 8.6540 8.92280 9.20044 9.48717 9.78327 10.08901 10.2598 10.63663 11.02847 11.43589 11.85943 12.29969 11.9780 12.48756 13.02104 13.57948 1 4.16397 14.77566 13.8164 14.48656 15.19293 15.93743 16.72201 17.54874 15.7836 16.64549 17.56029 18.53117 19.56143 20.65458 17.888518.97713 20.14072 21.38428 22.7131924.13313 20.1406 21.49530 22.9533924.5227126.21164 28.02911 22.5505 24.21492 26.01919 27.97498 30.09492 32.39260 25.1290 27.15211 29.36092 31.77248 34.40536 37.27972 27.8881 30.32428 33.00340 35.94973 39.18995 42.75328 30.8402 33.7502336.9735140.54470 44.50084 48.88367 33.9990 37.45024 41.30134 45.59917 50.39593 55.74972 37.3790 41.44626 46.01846 51.15909 56.9394963.43968 40.9955 45.76196 51.16012 57.27500 64.20283 72.05244 1.00000 2.15000 3.47250 4.99338 6.74238 8.75374 11.06680 13.72682 16.78584 20.30372 24.34928 29.00167 34.35192 40.50471 47.58041 55.71747 65.07509 75.83636 88.21181 102.44358 Table 3 Present Value of 1 4% 5% 6% 7% 8% 9% 10% 11% 12% Periods 15% 96154 95238 94340 92456 90703 .89000 .88900 .86384 .83962 .85480 .82270 .79209 .82193 .78353 .74726 .79031 .74622 .70496 .75992 .71068 .66506 .7306967684 .62741 .70259 .64461 59190 .67556 .61391 55839 .64958 58468 52679 .62460 .55684 49697 .60057 .53032 46884 57748 .50507 44230 55526 48102 41727 53391 .45811 39365 51337 43630 37136 49363 41552 35034 47464 3957333051 4563937689 31180 9345892593 .87344 .85734 .81630 .79383 .76290 .73503 .71299 68058 .66634 .63017 .62275 58349 58201 54027 54393 50025 50835 46319 47509 42888 44401 39711 41496 36770 38782 34046 36245 31524 33873 .29189 31657 .27027 .29586 -25025 27615 .23171 2584221455 91743909099009089286 86957 .84168 .82645 .81162 .79719 .75614 .77218 .75132 .73119 .71178 .65752 .70843 .68301 .65873 .6355257175 .64993 62092 .59345 .56743 49718 59627 56447 .53464 50663 43233 54703 51316 48166 45235 37594 50187 46651 43393 40388 32690 46043 42410 39092 36061 .28426 42241 38554 35218 32197 .24719 38753 35049 31728 .28748 21494 35554 .28584 .25668 -18691 32618 .28966 .25751 .22917 .16253 .29925 .26333 .23199 .20462 -14133 -27454 .23939 20900 .18270 .12289 .25187 21763 .18829 .16312 .10687 .23107 .19785 .16963 .14564 .09293 .21199 .17986 .15282 .13004 .08081 19449 16351 13768 11611 07027 1784314864 12403 10367 06110 700 Table 4 Present Value of an Annuity of 1 (n) Payments 4% 5% 96154 95238 1.88609 1.85941 2.77509 2 .72325 3.62990 3.54595 4.45182 4.32948 5.24214 5.07569 6.00205 5.78637 6.73274 6.46321 7.43533 7.10782 8.11090 7.72173 8.76048 8.30641 9.38507 8.86325 9.98565 9.39357 10.56312 9.89864 11.11839 10.37966 11.65230 10.83777 12.16567 11.27407 12.65930 11.68959 13.13394 12.08532 13.59033 12.46221 7 7 6% 8% 9% 10% 11% 12% 15% 94340 93458 92593 917439090990090 89286 .86957 1.83339 1.80802 1.78326 1.75911 1.73554 1.71252 1.69005 1.62571 2.67301 2.62432 2.57710 2.53130 2.48685 2.44371 2.40183 2.28323 3.46511 3.38721 3.31213 3.23972 3.16986 3.10245 3.03735 2.85498 4.21236 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 3.35216 4.91732 4.76654 4.62288 4.48592 4.35526 4.23054 4.11141 3.78448 5.58238 5.38929 5.20637 5.03295 4.86842 4.71220 4.56376 4.16042 6.20979 5.97130 5.74664 5.53482 5.33493 5.14612 4.96764 4.48732 6.80169 6.51523 6.24689 5.99525 5.759025.53705 5.32825 4.77158 .36009 7.02358 6.71008 6.41766 6.14457 5.88923 5.650225.01877 .886877.49867 7.13896 6.80519 6.49506 6.20652 5.93770 5.23371 8.38384 7.94269 7.53608 7.16073 6.813696.49236 6.19437 5.42062 8.85268 8.35765 7.90378 7.48690 7.10336 6.74987 6.42355 5.58315 9.294988.74547 8.24424 7.78615 7.36669 6.981876.62817 5.72448 9.71225 9.10791 8.55948 8.060697.60608 7.190876.81086 5.84737 10.10590 9.44665 8 .85137 8.31256 7.823717.37916 6.97399 5.95424 10.47726 9.76322 9.12164 8.54363 8.02155 7.548797.11963 6.04716 10.82760 10.059099.371898.75563 8.20141 7.701627.24967 6.12797 11.15812 10.33560 9.60360 8.95012 8.36492 7.839297.36578 6.19823 11.46992 10.59401 9.81815 9.12855 8.51356 7.96333 7.46944 6.25933