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I will upvote answer! Thank You! Suppose that on December 31, 2020, Netflix issued a bond with the following terms Face Value Maturity Coupon Rate
I will upvote answer! Thank You!
Suppose that on December 31, 2020, Netflix issued a bond with the following terms Face Value Maturity Coupon Rate annualized) Compounding Period Market interest rate (annualized) $4,000,000 20 years 12% Semi-annual 10% Answer the following questions for this bend Question 13 What are the semi-annual coupon payments of the bond? Question 14 What will the principal payment of the bond be at the end of the 20 years? Question 15 What is the present value of the coupon payments, rounded to the nearest dollar? Question 16 What is the present value of the principal payment, rounded to the nearest dollar? What is the issue price of the bond both the coupon payments and the principal payment) rounded to the nearest dollar? Question 18 Is there a premium on the bonds payable or a discount on the bonds payable at the time of issuance? Premium on Bonds Payable Discount on Bands Payable Question 19 What is the amount premnium or discount on bonds payable at the time of issuance? Question 20 What is the interest expense for the first coupon payment? Question 21 How much is the amortization of the Premium on Bonds Payable/Discount on Bonds Payable for the first coupon payment? (.e. how much does the Premium/Discount decrease for the first coupon payment
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