Chapter 9 Fianance and accouting problems for chapter 9... MBA University of Phoenix.... this is problems set.. chapter 2.
9-17 PV= 33 [1/(1.11)^3]
= 33 [1/1.37]
=33 [.73]
PV = 24.09
9-22
10,000 @ 11% = 11,100 10,000 @ 12%= 11,200
2000 @11% 2000@12%
2,220 2,240
2,464.2 2,508.80
2,735.26 2,809.86
3,036.14 3,147.04
3,370.12 3,524.68
3,740.83 3,947.65
4,152.32 4,421.36
4,609.08 4,951.93
Total Total
26,325.95 27,551.32
24000 @11% 24000@12%
26,640 26,880
29,570.40 30,105.60
32,823.14 33,718.27
36,433.69 37,764.46
40,441.40 42,296.20
44,889.95 47,371.74
49,827.84 53,056.35
55,308.91 59,423.12
Total Total
235,052.53 330,615.74
I would have to go with 24,000 at both 11% and 12% for 8 years.
9-23 PV = FV[1/(1+i)^n]
= 28,974 [1/1.08)^10]
= 28,974 [1/2.16]
= 28,974 [.46]
= 13,328.04
Present Value of interest payment @8% 10,675
Present Value of principal payment at maturity 146
______
Total present value, or price, of the bond 10,821
Present Value of interest payment @7% 11,654
Present Value of principal payment at maturity 184
______
Total present value, or price, of the bond 11,838
Present Value of interest payment @10% 9,077
Present Value of principal payment at maturity 92
_____
Total present value, or price, of the bond 9,169
Present Value of interest payment @13% 7,330
Present Value of principal payment at maturity 47
_____
Total present value, or price, of the bond 7,377
10-7 a) at 8% the bond price is $1,196.80
b) at 11% the bond price is $920.30
c) the percentage of return would be 3%
10-2 10-19 PVA = A* PVIFA (n=?, i=?)
10-2 10-19 PVA = A* PVIFA (n=?, i=?)
10-21 Kp = Dp /Pp
= $9/76
= 11.84%
= 11.8%
= 12%
10-24 a) P0 = D1 / Ke – g...