Question
Kuat LLC issued a $100,000, 10%, 5 year bond at 100. Interest is paid annually for this bond. Use the following values AS APPLICABLE and
Kuat LLC issued a $100,000, 10%, 5 year bond at 100. Interest is paid annually for this bond.
Use the following values AS APPLICABLE and round to the nearest dollar Present Value(PV) of 1 at 5 periods (5%): .784 Future Value (FV) of 1 at 5 periods (5%): 1.276 PV of Annuity for 5 periods (5%): 4.329 FV of Annuity for 5 periods (5%): 5.526
1. (Up to 4 points): What is the present value of the bond principle payment? 2. (Up to 4 points): What is the present value of the bond interest payment?
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Management Accounting Text Problems And Cases
Authors: M Y Khan, P K Jain
6th Edition
125902668X, 978-1259026683
