On January 1, 2020, Vaughn Corporation purchased 323 of the $1,000 face value, 9%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2030, and pay interest annually beginning January 1, 2021. Vaughn purchased the bonds to yield 11%. How much did Vaughn pay for the bonds?

Answers

Answer 1

Answer:

$284,954.63

Explanation:

in order to determine the market price of the bonds we must calculate the present value of the face value and coupon payments

PV of face value = $323,000 / (1 + 11%)¹⁰ = $113,755.59

PV of coupon payments = $29,070 x 5.8892 (PVIFA, 11%, 10 periods) = $171,199.04

total market value = $284,954.63


Related Questions

a company has designed a new product and tested the prototype. what is the next step in product development?

Answers

Answer:

They have to test it before it can be put out on the market

A company's data analysis team needs to perform real-time complex queries against a database. As the team grows the complex queries are slowing down production transactions. The current environment has an Amazon RDS database with the largest instance typing and is still experiencing performance issues. Which solution will reduce cost and resolve the performance issue?

Answers

Answer: Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size.

Explanation:

The options include:

a. Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size.

b. Implement Amazon ElastiCache and run the query against ElastiCache directly.

c. Implement Amazon EC2 instances to run a cluster of the production database and remove the RDS database instance.

d. Implement a larger Amazon RDS database instance type and apply Reserved Instances by submitting a limit increase request.

The solution that will reduce cost and resolve the performance issue is option A"Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size".

We should note that the Amazon Relational Database Service (Amazon RDS) is quite easy to set up, and it also gives a cost efficient capacity while there is automation of the database setup, backups, provisioning of hardware.

in humans happens meaning the process needs male and female parent.A.SEXUAL REPRODUCTION B.ASEXUAL REPRODUCTION C.OVULATION D.MENSTRATION​

Answers

Answer:

A.SEXUAL REPRODUCTION

Explanation:

A well written Business Plan allows you to define and specify the exact target customers.

A. True
B.False

Answers

This is true.......

American Engineering, Inc., defends against a breach-of-contract suit by Beta Corporation by claiming that the consideration for their contract was inadequate. A court will not normally evaluate the adequacy of consideration unless it is


Group of answer choices


a. a service.


b. in the form of a forbearance.


c. not yet paid.


d. grossly inadequate.

Answers

Answer:

D)grossly inadequate.

Explanation:

From the question we are informed about American Engineering, Inc., defends against a breach-of-contract suit by Beta Corporation by claiming that the consideration for their contract was inadequate. In this case A court will not normally evaluate the adequacy of consideration unless it is

grossly inadequate. Grossly inadequate consideration is possible to be reviewed by the court when there is a contract dispute. However Consideration does not involve things that both parties were required to carry out under law because it does not add anything to additional value.

two sustainable ways in which businesses could assist the schools to ensure that school leavers are better prepared for the workplace​

Answers

They could provide internships towards graduates to allow them to acquire working experience.
They could also provide training to help graduates have an understanding of what they are expected of in the workplace.

The education system is based on more of theoratical knowledge than that of practical knowledge. Most of the theoratical knowledge is important and relevant but does not help in the growth of the student in real world.

For preparing students to face the real world situations and scenarios the schools should prepare them by making additions in the education system in following ways:

Business Assistance Tranings can be provided by education institutions to the graduates for introducing and preparing them for the real life workplace knowledge.Interships can be given to help them learn and work in the real environment which they would eventually work in after completion of their studies.

Therefore the points discussed above can be the assistance provided by businesses to the education institutions for addition in the education system to prepare school leavers for workplace.

Learn more about Education here:

brainly.com/question/1602018

Which of the following tasks would be a prep cook's main responsibility?
O A. garnishing dinner plates to be served to customers
OB.
cooking steaks for diners
OC. washing and cutting lettuce for salads
OD. washing dishes

Answers

Answer:

Most likely OC

Explanation:

Answer:

C. washing and cutting lettuce for salads

Explanation:

Hope this will help

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