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

Author Question: Calculate the cash value of a bond that will mature with a value of $16 500 in 7 years and 5 months. ... (Read 71 times)

swpotter12

  • Hero Member
  • *****
  • Posts: 527
on: Jun 6, 2019

Question 1

You have an investment that will mature for $6825 in 57 months. You sell the investment 21 months before maturity. The discount rates used are 5.6% compounded quarterly for the first nine months of the discount period (from the date of maturity) and then 4.92% compounded monthly for the remaining discount period. How much did you sell the investment for?
◦ $6666.54
◦ $6262.54
◦ $6632.54
◦ $6232.54
◦ $6223.54

Question 2

Calculate the cash value of a bond that will mature with a value of $16 500 in 7 years and 5 months. The bond is discounted at 5.8% compounded semi-annually.
◦ $11 117.48
◦ $10 997.48
◦ $10 797.48
◦ $10 779.48
◦ $10 979.48
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by swpotter12 on Jun 6, 2019

gasdhashg

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


swpotter12

  • Member
  • Posts: 527
Reply 2 on: Jun 6, 2019
YES! Correct, THANKS for helping me on my review

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

The effect of a double bond on the shape of fatty acids The effect of a double bond on the shape of fatty acids
The Last 10,000 Years of Greenhouse Gas Concentrations The Last 10,000 Years of Greenhouse Gas Concentrations
Electron sharing in covalent bond Electron sharing in covalent bond
Comparison of C-C bond cleavage in transketolase and transaldolase reactions Comparison of C-C bond cleavage in transketolase and transaldolase reactions
An overlapping record extends back thousands of years of tree ring width An overlapping record extends back thousands of years of tree ring width
Hydrogen Bond with Peptide Hydrogen Bond with Peptide
Video: Miller's reaction chamber experiment Animation

For a complete list of videos, visit our video library