Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 5 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 14 Aug 2017 My Price 4.00

Dean Company

16. On January 1, 2005, Dean Company issued ten-year bonds with a face value of $1,000,000 and a stated interest rate or 8% per year payable semiannually July 1 and January 1. The bonds were sold to yield 10%. Present value interest factors are as follows: Present value of 1 for 10 periods at 10% .386 Present value of 1 for 20 periods at 5% .377 Present value of an annuity of 1 for 10 periods at 5% 6.145 Present value of an annuity of 1 for 20 periods at 5% 12.462 The total issue price of the bond is: a. $875,480. b. $877,600. c. $980,000. d. $1,000,000.

Answers

Maurice Tutor
(5)
Status NEW Posted 14 Aug 2017 01:08 PM My Price 4.00

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