lalajade15961 lalajade15961

Today at 12:27 AM
Business

Answered

Skylar Company issued $50,000,000 of its 10% bonds at par on January 1, 2019. On December 31, 2019, the bonds were trading on the bond exchange at 102.5. Since the issue date, what has happened to the market rate of interest?

Answer :

emmanueludoh743 emmanueludoh743

Today at 12:32 AM

Answer:

500,000

explanation of the answers

by using the formula of simple interest

which is principal x rate x time divided by 100.

Ans=50,000,000 x 10 x 1 then ➗ by 100

which Ans=500,000

Answer Link

Other Questions

I need to know what the variable is, important info is, and the equation. Please and thank you!

What is the mean absolute deviation (MAD) of the data set? {11, 10, 17, 18}

c={2,4,6} determine n(C)

In der folgenden Tabelle findest du die einzelnen Aussagen des Radiosprechers aufgelistet. Notiere in der rechten Spalte den tatsächlichen Sachverhalt. Wirklich

How does sea level rise affect humans and other organsims?

. What is the length of the side of a square whose perimeter is given a. 128 cm b. 512 cm.

ic growth.0. Arrange in correct sequence:-Highest to lowest rate of poverty:(i) Kerala (ii) KarnatakaOptions:-(a) (iv) (iii) (ii) (i)(c) (ii) (iv) (iii) (i)(iii

PRACTICE SHEET* 1:- Read the following extract and answer the facavity, Macavity, there's no one like Macavity,br he's a fiend in feline shape, a monster of dep

JUAN LE DIO UN FRATERNAL ABRAZO A SU HERMANO GABRIEL CON MOT

How to learn model in English

Gary and Anna are arguing over the best way to organize the storage area. Gary thinks everything should be organized by product type, while Anna thinks the most

A huge cannon is assembled on an airless planet. The planet has a radius of 5.40×106 m and a mass of 3.52×1024 kg. The cannon fires a projectile straight up at

While attending a conference, Morris meets Noemi, and they immediately become lovers. Although they feel very passionate about each other, their relationship ma

I need help pleaseee

How many grams of the sodium salt of the weak acid must be combined with how many grams of the sodium salt of its conjugate base, to produce 1.00 L of a buffer

A charged particle with a charge-to-mass ratio of |q|/m = 5.7 × 108 C/kg travels on a circular path that is perpendicular to a magnetic field whose magnitude is

sociology quiz In 2008 the United States, as well as the rest of the world, felt the effects of the recession. After the collapse of the housing market, people

A water-skier is being pulled by a tow rope attached to a boat. As the driver pushes the throttle forward, the skier accelerates. A 84.0-kg water-skier has an i

Listen to the Rock ballad “Somebody to Love” by Queen. (featuring the AMAZING vocals of Freddie Mercury) Write at least three sentences describing your opinion

Trowel Corp. has outstanding accounts receivable totaling $13,000,000 as of December 31 and sales on credit during the year of $48,000,000. There is also a cred