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No explanation needed. Just answer is ok. Thanks. On January 1, 2021, Bank of Victoria Corporation issued a $300,000 5-year bond paying 6% interest semi-annually
No explanation needed. Just answer is ok. Thanks.
On January 1, 2021, Bank of Victoria Corporation issued a $300,000 5-year bond paying 6% interest semi-annually on January 1 and July 1, with a year-end of December 31. The market interest rate is 7%. Choose the closest correct value for the net bond on the issue bate . 2 287,525 15 312.795 18 74,849 ww 21 287,699 275,667 24 What is the coupon rate? A) Yield on the issue date. 2 Thing B) Rate of return earned by the investor. 5 C) Interest rate specified in the bond indenture. D) Amount to be repaid at maturity. 18 --- An actuary for pension accounting is: 15 A cash manager managing the pension investment account. An accountant working inside the company. 18 An accountant working outside the company to calculate the pension obligation A statistician working outside the company to calculate the pension obligation 21Step by Step Solution
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