Can I have assistance with my homework?

Can I have assistance with my homework?

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1.
Debenture bonds are backed by specific assets of the issuing company
True
False
2.
A bond selling at 99 is selling at a premium
True
False
3.
When a bond is issued at a premium, the premium has the effect of lowering the interest
expense on the bonds to the market rate of interest
True
False
4.
An annuity is a series of equal periodic payments or receipts at regular intervals.
True
False
5.
Another name for
the principal amount of a bond is
a)
market value
B)
face value
c)
maturity value
d)
both b and c are correct
6.
A $1,000 bond quoted
at 103 is selling for:
_______________
7. Compute the selling price of this bond.
$1,000 bond, 10% interest paid semiannually for 8
years, market interest rate is 12%.
___________
8.
Amortizing a bond discount or premium by dividing it into equal amounts for each
interest period is called:
a)
straight line amortization
b)
effective interest amortization
c)
declining balance amortization
d)
both a and b are correct
9.
The bond stated interest rate is 10%, the market rate for bonds is 12%.
Will our bond sell
at a premium or a discount?
Premium
Discount
10.
A $1,000 face value bond sold for $1,100.
What is the required journal entry?
BONUS:
Explain how to compute the worth of a bond

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