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Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
النسخة 4الرقم المعياري الدولي: 978-1111581565Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
النسخة 4الرقم المعياري الدولي: 978-1111581565 تمرين 3
WHAT-IF ANALYSIS
Find the effective interest rate for $5,000,000 of 8-year, 8% bonds (interest payable annually), which were issued for $4,670,365. To do this, enter the known information in the Data Section and experiment with different effective interest rates until you get a bond price of exactly $4,670,365. ( Hint : You will have to use an effective interest rate with one decimal point.) Print the worksheet when done.
Find the effective interest rate for $5,000,000 of 8-year, 8% bonds (interest payable annually), which were issued for $4,670,365. To do this, enter the known information in the Data Section and experiment with different effective interest rates until you get a bond price of exactly $4,670,365. ( Hint : You will have to use an effective interest rate with one decimal point.) Print the worksheet when done.
التوضيح
موثّق
موثّق
Bond issue price is below the face value...
Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
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