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please help me with the first three questions When the maturities of a bond issue are spread over several dates, the bonds are called a
please help me with the first three questions
When the maturities of a bond issue are spread over several dates, the bonds are called a serial bonds b. bearer bonds c. debenture bonds d. term bonds Bondholder claims on the assets of the corporation rank ahead of stockholders. True False (rounded to nearest dollar). Use the following table, if needed The present value of $59,000 to be received in two years, at 12% compounded annually, is Present Value of $1 at Compound Interest Periods 5% 6% 7% 10% 12% 1 0.94340 0.93458 0.90909 0.89286 0.95238 0.90703 2 0.89000 0.87344 0.82645 0.79719 3 0.86384 0.83962 0.81630 0.75132 0.71178 4 0.82270 0.79209 0.76290 0.68301 0.63552 5 0.78353 0.71299 0.62092 0.56743 0.74726 0.70496 6 0.74622 0.66634 0.56447 0.50663 7 0.71068 0.62275 0.51316 0.45235 0.66506 0.62741 8 0.67684 0.58201 0.46651 0.40388 0.64461 0.54393 0.42410 0.36061 0.59190 0.55840 10 0.61391 0.50835 0.38554 0.32197 Ca. 551.333 b. 552.510 C. 54.761 d. 547,034 Step by Step Solution
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