subject
Business, 15.04.2020 04:14 sulemmaa

Deltona Motors just issued 230,000 zero-coupon bonds. These bonds mature in 18 years, have a par value of $1,000, and have a yield to maturity of 5.9 percent. What is the approximate total amount of money the company raised from issuing these bonds? Assume semiannual compounding.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:00
For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c.prepaidrent.onseptember1ofthecurrentyear,thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.
Answers: 3
question
Business, 22.06.2019 10:00
Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a
Answers: 3
question
Business, 22.06.2019 11:00
%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket
Answers: 1
question
Business, 22.06.2019 12:10
Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries
Answers: 1
You know the right answer?
Deltona Motors just issued 230,000 zero-coupon bonds. These bonds mature in 18 years, have a par val...
Questions
question
Mathematics, 19.01.2021 23:50
question
Mathematics, 19.01.2021 23:50
question
History, 19.01.2021 23:50
question
Mathematics, 19.01.2021 23:50
question
Mathematics, 19.01.2021 23:50
question
Mathematics, 19.01.2021 23:50
question
Mathematics, 19.01.2021 23:50
Questions on the website: 13722363