Examlex

Solved

The Face Value of a Bond Is $71,000,its Stated Rate

question 101

Multiple Choice

The face value of a bond is $71,000,its stated rate is 7%,and the term of the bond is five years.The bond pays interest semiannually.At the time of issue,the market rate is 8%.Determine the present value of the bonds at issuance. Present value of $1:
4%5%6%7%8%50.8220.7840.7470.7130.68160.7900.7460.7050.6660.63070.7600.7110.6650.6230.58380.7310.6770.6270.5820.54090.7030.6450.5920.5440.500100.6760.6140.5580.5080.463\begin{array} { | c | l | l | l | l | l | } \hline & 4 \% & 5 \% & 6 \% & 7 \% & 8 \% \\\hline 5 & 0.822 & 0.784 & 0.747 & 0.713 & 0.681 \\\hline 6 & 0.790 & 0.746 & 0.705 & 0.666 & 0.630 \\\hline 7 & 0.760 & 0.711 & 0.665 & 0.623 & 0.583 \\\hline 8 & 0.731 & 0.677 & 0.627 & 0.582 & 0.540 \\\hline 9 & 0.703 & 0.645 & 0.592 & 0.544 & 0.500 \\\hline 10 & 0.676 & 0.614 & 0.558 & 0.508 & 0.463 \\\hline\end{array} Present value of ordinary annuity of $1:
4%5%6%7%8%54.4524.3294.2124.1003.99365.2425.0764.9174.7674.62376.0025.7865.5825.3895.20686.7336.4636.2105.9715.74797.4357.1086.8026.5156.247108.1117.7227.3607.0246.710\begin{array} { | c | l | l | l | l | l | } \hline & 4 \% & 5 \% & 6 \% & 7 \% & 8 \% \\\hline 5 & 4.452 & 4.329 & 4.212 & 4.100 & 3.993 \\\hline 6 & 5.242 & 5.076 & 4.917 & 4.767 & 4.623 \\\hline 7 & 6.002 & 5.786 & 5.582 & 5.389 & 5.206 \\\hline 8 & 6.733 & 6.463 & 6.210 & 5.971 & 5.747 \\\hline 9 & 7.435 & 7.108 & 6.802 & 6.515 & 6.247 \\\hline 10 & 8.111 & 7.722 & 7.360 & 7.024 & 6.710 \\\hline\end{array}

Understand the characteristics and importance of REM sleep.
Describe how sleep patterns change across different stages of life.
Identify the physiological and psychological effects of sleep deprivation, especially related to REM sleep.
Recognize the characteristics and symptoms of sleep disorders such as narcolepsy and sleep apnea.

Definitions:

10,000-Pound Load

A specific quantity often used as a standard measurement or threshold in transportation and regulation contexts.

Fraud Or Misrepresentation

Deliberate deception to secure unfair or unlawful gain, or the act of misleading or deceiving someone.

Duress

Coercion or pressure unlawfully applied to force someone to act in a manner they otherwise would not.

Additional $500

An extra amount of five hundred dollars added to a transaction or financial agreement.

Related Questions