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Osmond Dental Products is five years in arrears on cumulative preferred mock dividends The 700.000 outstanding, and the annual dividend is 57.50 per share. The

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Osmond Dental Products is five years in arrears on cumulative preferred mock dividends The 700.000 outstanding, and the annual dividend is 57.50 per share. The vice-president of finance e nonope of the arrears. She is devising a plan to compensate the preferred shareholders for 90 percent of the dividends in a. How much should the compensation be? Compensation $ b. Osmond will compensate the preferred shareholders in the form of bonds paying 10 percent interest in a market womentin which the going rate of interest is 12 percent. The bonds will have a 8-year maturity. Indicate the market value of 1000 per we bond. (Note: Interest is paid semi-annually. (Use financial calculator. Round the final answer to 2 delen places Bond value $ c. Based on market value, how many bonds must be issued to provide the compensation determined in pan a? (Do not round intermediate calculations. Round the final answer to the nearest whole dollar.) Bonds issued Osmond Dental Products is five years in arrears on cumulative preferred stock dividends. The 100 DOO outstanding, and the annual dividend is $7.50 per share. The vice-president of financese non arrears. She is devising a plan to compensate the preferred shareholders for 90 percent of the dades a. How much should the compensation be? Compensation b. Osmond will compensate the preferred shareholders in the form of bonds paying 10 percem interest in a market van which the going rate of interest is 12 percent. The bonds will have a 8-year maturity. Indicate the market value of 11000 pat value bond. (Note: Interest is paid semi-annually.) (Use financial calculator. Round the final answer to 2 decimal places) Bond value $ c. Based on market value, how many bonds must be issued to provide the compensation determined in parte Do not round Intermediate calculations. Round the final answer to the nearest whole dollar) Fonds issued $

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