Internship In Nurbank (Report)

Exercises Exercise 14- 2 compulsion 1 two hundred zillion x 12% x 2/12 = 4 million face annual fraction of theaccrued amount apprize annual periodinterest Requirement 2 (USD in millions) Cash ( 99 million plus accrued interest)202 Discount on bonds ( 200 million – 198 million)2 Bonds payable (face amount)200 kindle payable (accrued interest driven above)4 Exercise 14- 5 1.Maturity matter to pay verbalize set outEffective (market) rate 10 ageannually10%12% Interest$200,000 ¥x 5.65022 * =$1,130,044 head teacher$2,000,000 x 0.32197 ** = 643,940 give up foster (price) of the bonds$1,773,984 ¥ 10% x $2,000,000 * display evaluate of an ordinary annuity of $1: n=10, i=12% **present cling to of $1: n=10, i=12% 2.MaturityInterest paidStated rateEffective (market) rate 10 yearsbiennially10%12% Interest$100,000 ¥x 1 1.46992 * =$1,146,942 Principal$2,000,000 x 0.31180 ** = 623,600 cede value (price) of the bonds$1,770,542 ¥ 5% x $2,000,000 *present value of an ordinary annuity of $1: n=20, i=6% **present value of $1: n=20, i=6% 3.

MaturityInterest paidStated rateEffective (market) rate 10 yearssemiannually12%10% Interest$120,000 ¥x 12.46221 * =$ 1,495,465 Principal$2,000,000 x 0.37689 ** = 753,780 deliver value (price) of the bonds$2,249,245 ¥6% x $2,000,000 *present value of an ordinary annuity of $1: n=20, i=5% **present value of $1: n=20, i=5% 4.MaturityInterest paidStated rate Effective (market) rate 20 yearssemiann! ually12%10% Interest$120,000 ¥x 17.15909 * =$2,059,091 Principal$2,000,000 x 0.14205 ** = 284,100 Present value (price) of the bonds$2,343,191 ¥ 6% x $2,000,000 *present value of an ordinary...If you want to get a full essay, order it on our website: OrderEssay.net

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