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pv of a combination of a single lump sum abd series of miltiple equals sums (annuity) to raise calital for construction of a building for
pv of a combination of a single lump sum abd series of miltiple equals sums (annuity)
to raise calital for construction of a building for comoany headquarters, alberto company issued 2,500,000, 8% , 10 year bonds. bond pays interest semiannually. the market interesr rate on the issue date was 7.5% .
What is expected cashh oriceeds from the issue and sale of hinds
the amount of interest expense for the 2nd oaynebt in the amoritzation schedule
answer example
546.96 or 546.00
Two decimal points
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