Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

DNA Corporation issued $4000000 in 10.5 percent, ten year bonds on February 1, 2010, at 104. Semiannual interest payment dates are January 31 and July 31. Use the straight - line method and ignore year-end accruals.

1. With regard to the bond issue on February 1,2010:
A. How much cash is received?
B. how much is bonds payable?
C. What is the difference between a and b called and how much is it?
2. With regard to the bond interest payment on July 31,2010?
A. How much cash is paid in interest?
B. how much is the amortization?
C. How much is interest expense?
3. With regard to the bond interest payment on January 31, 2019?
A. How much cash is paid in interest?
B. how much is the amortization?
C. How much is interest expense?

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M927622

Have any Question? 


Related Questions in Basic Finance

Explain how a swaption can be terminated at expiration by

Explain how a swaption can be terminated at expiration by either exercising it or settling it in cash. Why are these procedures financially equivalent? Explain how the two types of swaptions are like interest rate option ...

Suppose someone offers you the following gamble you pay 7

Suppose someone offers you the following gamble: You pay $7 and toss a coin. If the coin comes up heads, he pays you $10, and if tails comes up, he pays you $5. You in turn get the idea of offering another person a coin ...

Consider the context-free grammara give a leftmost

Consider the context-free grammar: a) Give a leftmost derivation for the string. b) Give a rightmost derivation for the string. c) Give a parse tree for the string. ! d) Is the grammar ambiguous or unambiguous? Justify y ...

Tom has 5000 to invest and would like to buy a 9500 jet ski

Tom has $5000 to invest and would like to buy a $9500 jet ski on 4 years . If interest rate is compounded monthly, what interest he has to receive monthly to reach his goal?

A column in the wall street journal observes that while

A column in the Wall Street Journal observes that "while many people buy stocks in the hope of scoring profits down the road, dividends deliver cash right now." If stockholders desire dividends, why do some firms, such a ...

1 what is the purpose of the accrual tranche could a cmo

1. What is the purpose of the accrual tranche? Could a CMO exist without a Z class? What would be the difference between the CMO with and without the accrual class? 2. Which tranches in a CMO issue are least subject to p ...

Gangland water guns company is expected to pay a dividend

Gangland Water Guns Company is expected to pay a dividend of $2.10 one year from today. If the firm's growth in dividends is expected to remain at a flat 3 percent forever, then what is the cost of equity capital (in per ...

1 mr and mrs jones ages 40 and 38 have no dependents and

1. Mr. and Mrs. Jones, ages 40 and 38, have no dependents and plan to file a joint tax return for the year. They have salary income of $70,000, dividend income of $2,300, hobby loss of $1,700, and deductions for adjusted ...

1 describe four reasons why collaborative relationships

1. Describe four reasons why collaborative relationships fail. How can these failures be avoided? 2. Distinguish between reliability and character-based trust. Why is character-based trust critical in collaborative relat ...

1 distinguish between a eurobond a foreign bond and a

1. Distinguish between a Eurobond, a foreign bond, and a Yankee bond. Which of these three represents the greatest volume of security issuance? 2. What do you think are the most important costs and benefits of becoming a ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen