I need to figure out how to find the interest expense on each note at the end of 2005 using the effective interest rate method. I believe the answer to the 6.75% senior notes is 18,149.05 but want to be sure on that one. I am unsure how to find the other two.
Form 10-K for the fiscal year end x G does interest expense have a tie : X Amortization Schedule Calculator x AC Amortizing Bond Discount Using x * Homework Help - Q&A from Oni x + - O X C https://www.sec.gov/Archives/edgar/data/704051/000119312506127672/d10k.htm Q x : Apps @ New Tab G 947750 - Google Se... 2006 2005 Current Current Accreted Unamortized Maturity Accreted Value Discount Amount Value 6.75% senior notes 424,632 368 425,000 424,469 Zero-coupon contingent convertible senior notes 32,861 162 33,023 266,736 6.5% Senior notes 99,959 5-year term loan 700,000 700,000 3-year term loan 15,776 15,776 Other term loans 29,691 29,691 20,000 Subtotal 1,202,960 530 1,203,490 811, 164 Less: current portion 36,883 36,883 103,017 Total S 1,166,077 S 530 S 1,166,607 S 708, 147 84 Table of Contents On July 2, 2001, Legg Mason issued $425,000 principal amount of senior notes due July 2, 2008, which bear interest at 6.75%. The notes were sold at a discount to yield 6.80%. The net proceeds of the notes were approximately $421,000, after payment of debt issuance costs. On June 6, 2001, Legg Mason issued $567,285 principal amount at maturity of zero-coupon contingent convertible senior notes due on June 6, 2031. The convertible notes were issued in a private placement to qualified institutional buyers at an initial offering price of $440.70 per $1,000 to redemption. Legg Mason repaid the $100,000 principal amount of its 6.5% senior notes that matured on February 15, 2006. During the year ended March 31, 2006, Legg Mason entered into the following long-term debt agreements: 5-Year Term Loan payable in full at maturity in five years and bears interest at LIBOR plus 35 basis points. At March 31, 2006 the outstanding balance of this loan facility was $700 million. 3-Year Term Loan offering rate plus 35 basis points. At March 31, 2006, the interest rate was 7.18%. The maturity date is November 30, 2008. Other Term Loans a commercial bank to finance the acquisition of an aircraft. The loan bears interest at 5.88%, is secured by the aircraft, and has a maturity date of January 1, 2016. D %68 IT S X 3:13 PM 3/10/2019
