In 2018, Borland Semiconductors entered into the transactions described below. In 2015, Borland had issued 180 million shares of its $1 par common stock at $32 per share. Required: Assuming that Borland retires shares it reacquires, record the appropriate journal entry for each of the following transactions:
(If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i. e., 10,000,000 should be entered as 10).)
1. On January 2, 2018, Borland reacquired 10 million shares at $30.50 per share.
2. On March 3, 2018, Borland reacquired 10 million shares at $34 per share.
3. On August 13, 2018, Borland sold 1 million shares at $40 per share.
4. On December 15, 2018, Borland sold 2 million shares at $34 per share.

Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 20 years. assume you purchase a bond that costs $25. a. what is the exact rate of return you would earn if you held the bond for 20 years until it doubled in value? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. if you purchased the bond for $25 in 2017 at the then current interest rate of .27 percent year, how much would the bond be worth in 2027? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. in 2027, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value in 2037. what annual rate of return will you earn over the last 10 years? (do not