Business, 04.12.2019 02:31 fluchr6174
On may 1, pierce company purchased $60,000 of stanton company’s 12% bonds at 100 plus accrued interest of $2,400. on june 30, pierce received its first semiannual interest. on february 1, pierce sold $50,000 of the bonds at 103 plus accrued interest. what are the total proceeds from the february 1 sale?
a. $52,000
b. $50,000
c. $52,400
d. $51,500
Answers: 1
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Business, 22.06.2019 05:20
What are the general categories of capital budget scenarios? describe the overall decision-making context for each.
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Business, 22.06.2019 11:10
How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i.e. if your answer is $432.51, then type 432.51 without $ sign)
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Business, 22.06.2019 19:30
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On may 1, pierce company purchased $60,000 of stanton company’s 12% bonds at 100 plus accrued intere...
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