This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Gerald Kiraly sold 8 Romond Corporation bonds with a coupon rate of 8.375 and a current market price ... (Read 179 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
on: Jun 24, 2018
Gerald Kiraly sold 8 Romond Corporation bonds with a coupon rate of 8.375 and a current market price of 95.25. The commission charge is 10 per bond. The date of the transaction is 72 days since the last interest payment. What were the proceeds of the sale?

Question 2

The ___________________ _ of money is worth more than money in the future.
 Fill in the blank(s) with correct word


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

smrerig

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 24, 2018
Answer to Question 1

7,674

Answer to Question 2

present value


ETearle

  • Member
  • Posts: 580
Reply 2 on: Jun 24, 2018
Wow, this really help

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Current FDA Pregnancy Category Ratings with Examples Current FDA Pregnancy Category Ratings with Examples
Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ... Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ...
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
A bus starts from restat a station and accelerates at a rate of 2 m/s^2 for 15 seconds. It then runs A bus starts from restat a station and accelerates at a rate of 2 m/s^2 for 15 seconds. It then runs
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Factors that affect conduction rates (myelination, axon diameter & temperature)

For a complete list of videos, visit our video library