Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

%3Cp%20align%3D%22justify%22%3EOn%26nbsp%3BJanuary%26nbsp%3B1%2C%26nbsp%3B2012%2

ID: 2502605 • Letter: #

Question

%3Cp%20align%3D%22justify%22%3EOn%26nbsp%3BJanuary%26nbsp%3B1%2C%26nbsp%3B2012%2C%26nbsp%3BLoop%26nbsp%3BRaceway%26nbsp%3Bissued%26nbsp%3B620%26nbsp%3Bbonds%2C%26nbsp%3Beach%26nbsp%3Bwith%26nbsp%3Ba%26nbsp%3Bface%26nbsp%3Bvalue%26nbsp%3Bof%26nbsp%3B%241%2C000%2C%26nbsp%3Ba%26nbsp%3Bstated%26nbsp%3Binterest%26nbsp%3Brate%26nbsp%3Bof%26nbsp%3B7%25%26nbsp%3Bpaid%26nbsp%3Bannually%26nbsp%3Bon%26nbsp%3BDecember%26nbsp%3B31%2C%26nbsp%3Band%26nbsp%3Ba%26nbsp%3Bmaturity%26nbsp%3Bdate%26nbsp%3Bof%26nbsp%3BDecember%26nbsp%3B31%2C%26nbsp%3B2014.%26nbsp%3BOn%26nbsp%3Bthe%26nbsp%3Bissue%26nbsp%3Bdate%2C%26nbsp%3Bthe%26nbsp%3Bmarket%26nbsp%3Binterest%26nbsp%3Brate%26nbsp%3Bwas%26nbsp%3B8%26nbsp%3Bpercent%2C%26nbsp%3Bso%26nbsp%3Bthe%26nbsp%3Btotal%26nbsp%3Bproceeds%26nbsp%3Bfrom%26nbsp%3Bthe%26nbsp%3Bbond%26nbsp%3Bissue%26nbsp%3Bwere%26nbsp%3B%24604%2C002.%26nbsp%3BLoop%26nbsp%3Buses%26nbsp%3Bthe%26nbsp%3Bstraight-line%26nbsp%3Bbond%26nbsp%3Bamortization%26nbsp%3Bmethod%26nbsp%3Band%26nbsp%3Badjusts%26nbsp%3Bfor%26nbsp%3Bany%26nbsp%3Brounding%26nbsp%3Berrors%26nbsp%3Bwhen%26nbsp%3Brecording%26nbsp%3Binterest%26nbsp%3Bin%26nbsp%3Bthe%26nbsp%3Bfinal%26nbsp%3Byear.%3C%2Fp%3E%3Cp%3E%3Cbr%3E%3C%2Fp%3E%3Ctable%26nbsp%3Bclass%3D%22mceItemTable%22%26nbsp%3Balign%3D%22default%22%26nbsp%3Bcellpadding%3D%220%22%26nbsp%3Bcellspacing%3D%220%22%26nbsp%3Bwidth%3D%22620%22%3E%3Ctbody%3E%3Ctr%3E%3Ctd%26nbsp%3Bstyle%3D%22text-align%3A%26nbsp%3Bleft%3B%26nbsp%3Bvertical-align%3A%26nbsp%3Bmiddle%22%26nbsp%3Bdata-mce-style%3D%22text-align%3A%26nbsp%3Bleft%3B%26nbsp%3Bvertical-align%3A%26nbsp%3Bmiddle%3B%22%26nbsp%3Bwidth%3D%22100%25%22%3E%3Cb%3ERequired%3A%3C%2Fb%3E%3C%2Ftd%3E%3C%2Ftr%3E%3C%2Ftbody%3E%3C%2Ftable%3E%3Ctable%26nbsp%3Bclass%3D%22mceItemTable%22%26nbsp%3Balign%3D%22default%22%26nbsp%3Bcellpadding%3D%220%22%26nbsp%3Bcellspacing%3D%220%22%26nbsp%3Bwidth%3D%22620%22%3E%3Ctbody%3E%3Ctr%3E%3Ctd%26nbsp%3Bstyle%3D%22text-align%3A%26nbsp%3Bcenter%3B%26nbsp%3Bvertical-align%3A%26nbsp%3Btop%22%26nbsp%3Bdata-mce-style%3D%22text-align%3A%26nbsp%3Bcenter%3B%26nbsp%3Bvertical-align%3A%26nbsp%3Btop%3B%22%26nbsp%3Bwidth%3D%229%25%22%3E%3Cb%3E1.%3C%2Fb%3E%3C%2Ftd%3E%3Ctd%26nbsp%3Bstyle%3D%22text-align%3A%26nbsp%3Bleft%3B%26nbsp%3Bvertical-align%3A%26nbsp%3Bmiddle%22%26nbsp%3Bdata-mce-style%3D%22text-align%3A%26nbsp%3Bleft%3B%26nbsp%3Bvertical-align%3A%26nbsp%3Bmiddle%3B%22%26nbsp%3Bwidth%3D%2291%25%22%3EPrepare%26nbsp%3Ba%26nbsp%3Bbond%26nbsp%3Bamortization%26nbsp%3Bschedule.%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Ctable%26nbsp%3Bclass%3D%22mceItemTable%22%26nbsp%3Balign%3D%22default%22%26nbsp%3Bcellpadding%3D%220%22%26nbsp%3Bcellspacing%3D%220%22%26nbsp%3Bwidth%3D%22620%22%3E%3Ctbody%3E%3Ctr%3E%3Ctd%26nbsp%3Bstyle%3D%22text-align%3A%26nbsp%3Bcenter%3B%26nbsp%3Bvertical-align%3A%26nbsp%3Btop%22%26nbsp%3Bdata-mce-style%3D%22text-align%3A%26nbsp%3Bcenter%3B%26nbsp%3Bvertical-align%3A%26nbsp%3Btop%3B%22%26nbsp%3Bwidth%3D%229%25%22%3E%3Cb%3E2.%2C%26nbsp%3B3.%2C%26nbsp%3B4.%3Cbr%3E%26nbsp%3B%26amp%3B%3C%2Fb%3E%3Cbr%26nbsp%3Balign%3D%22center%22%3E%26nbsp%3B%3Cb%3E5.%3C%2Fb%3E%3C%2Ftd%3E%3Ctd%26nbsp%3Bstyle%3D%22text-align%3A%26nbsp%3Bleft%3B%26nbsp%3Bvertical-align%3A%26nbsp%3Bmiddle%22%26nbsp%3Bdata-mce-style%3D%22text-align%3A%26nbsp%3Bleft%3B%26nbsp%3Bvertical-align%3A%26nbsp%3Bmiddle%3B%22%26nbsp%3Bwidth%3D%2291%25%22%3E%3Cp%26nbsp%3Balign%3D%22justify%22%3EComplete%26nbsp%3Bthe%26nbsp%3Brequired%26nbsp%3Bjournal%26nbsp%3Bentries%26nbsp%3Bto%26nbsp%3Brecord%26nbsp%3Bthe%26nbsp%3Bbond%26nbsp%3Bissue%2C%26nbsp%3Binterest%26nbsp%3Bpayments%26nbsp%3Bon%26nbsp%3BDecember%26nbsp%3B31%2C%26nbsp%3B2012%26nbsp%3Band%26nbsp%3B2013%2C%26nbsp%3Bbond%26nbsp%3Bretirement.%26nbsp%3BAssume%26nbsp%3Bthe%26nbsp%3Bbonds%26nbsp%3Bare%26nbsp%3Bretired%26nbsp%3Bon%26nbsp%3BJanuary%26nbsp%3B1%2C%26nbsp%3B2014%2C%26nbsp%3Bat%26nbsp%3Ba%26nbsp%3Bprice%26nbsp%3Bof%26nbsp%3B99.%26nbsp%3B%3Cspan%26nbsp%3Bstyle%3D%22%26nbsp%3Bcolor%3A%26nbsp%3B%23ff0000%3B%22%26nbsp%3Bdata-mce-style%3D%22color%3A%26nbsp%3B%23ff0000%3B%22%3E%3Cb%3E(If%26nbsp%3Bno%26nbsp%3Bentry%26nbsp%3Bis%26nbsp%3Brequired%26nbsp%3Bfor%26nbsp%3Ba%26nbsp%3Btransaction%2Fevent%2C%26nbsp%3Bselect%26nbsp%3B%22No%26nbsp%3BJournal%26nbsp%3BEntry%26nbsp%3BRequired%22%26nbsp%3Bin%26nbsp%3Bthe%26nbsp%3Bfirst%26nbsp%3Baccount%26nbsp%3Bfield.)%3C%2Fb%3E%3C%2Fspan%3E%3C%2Fp%3E%3C%2Ftd%3E%3C%2Ftr%3E%3C%2Ftbody%3E%3C%2Ftable%3E%3Cbr%3E%3Cdiv%26nbsp%3Bclass%3D%22transaction_middle%22%3E%3Cul%3E%3Cli%26nbsp%3Bclass%3D%22clearfix%26nbsp%3BtransItemContainer%22%3E%3Cdiv%26nbsp%3Bclass%3D%22list_item_no%22%3E1.%3C%2Fdiv%3E%3Cdiv%26nbsp%3Bclass%3D%22list_item_content%22%3ERecord%26nbsp%3Bthe%26nbsp%3Bissuance%26nbsp%3Bof%26nbsp%3B620%26nbsp%3Bbonds%26nbsp%3Bat%26nbsp%3Bface%26nbsp%3Bvalue%26nbsp%3Bof%26nbsp%3B%241%2C000%26nbsp%3Beach%26nbsp%3Bfor%26nbsp%3B%24604%2C002.%3C%2Fdiv%3E%3C%2Fli%3E%3Cli%26nbsp%3Bclass%3D%22clearfix%26nbsp%3BtransItemContainer%22%3E%3Cdiv%26nbsp%3Bclass%3D%22list_item_no%22%3E2.%3C%2Fdiv%3E%3Cdiv%26nbsp%3Bclass%3D%22list_item_content%22%3ERecord%26nbsp%3Bthe%26nbsp%3Binterest%26nbsp%3Bpayment%26nbsp%3Bon%26nbsp%3BDecember%26nbsp%3B31%2C%26nbsp%3B2012.%3C%2Fdiv%3E%3C%2Fli%3E%3Cli%26nbsp%3Bclass%3D%22clearfix%26nbsp%3BtransItemContainer%22%3E%3Cdiv%26nbsp%3Bclass%3D%22list_item_no%22%3E3.%3C%2Fdiv%3E%3Cdiv%26nbsp%3Bclass%3D%22list_item_content%22%3ERecord%26nbsp%3Bthe%26nbsp%3Binterest%26nbsp%3Bpayment%26nbsp%3Bon%26nbsp%3BDecember%26nbsp%3B31%2C%26nbsp%3B2013.%3C%2Fdiv%3E%3C%2Fli%3E%3Cli%26nbsp%3Bclass%3D%22clearfix%26nbsp%3BtransItemContainer%22%3E%3Cdiv%26nbsp%3Bclass%3D%22list_item_no%22%3E4.%3C%2Fdiv%3E%3Cdiv%26nbsp%3Bclass%3D%22list_item_content%22%3ERecord%26nbsp%3Bthe%26nbsp%3Binterest%26nbsp%3Band%26nbsp%3Bface%26nbsp%3Bvalue%26nbsp%3Bpayment%26nbsp%3Bon%26nbsp%3BDecember%26nbsp%3B31%2C%26nbsp%3B2014.%3C%2Fdiv%3E%3C%2Fli%3E%3Cli%26nbsp%3Bclass%3D%22clearfix%26nbsp%3BtransItemContainer%22%3E%3Cdiv%26nbsp%3Bclass%3D%22list_item_no%22%3E5.%3C%2Fdiv%3E%3Cdiv%26nbsp%3Bclass%3D%22list_item_content%22%3ERecord%26nbsp%3Bthe%26nbsp%3Bretirement%26nbsp%3Bof%26nbsp%3Bthe%26nbsp%3Bbonds%26nbsp%3Bat%26nbsp%3Ba%26nbsp%3Bquoted%26nbsp%3Bprice%26nbsp%3Bof%26nbsp%3B99.%3C%2Fdiv%3E%3C%2Fli%3E%3C%2Ful%3E%3C%2Fdiv%3E%3C%2Ftd%3E%3C%2Ftr%3E%3C%2Ftbody%3E%3C%2Ftable%3E

Explanation / Answer

Please increase the points to get the question answered. 300 points are too less for such a long question which is also demanding much of calculations. Kindly rate this answer as 5 star and repost the question with higher marks.


Please consider the time devoted to make this reply by rating this answer as 5star. Thank u in advance. God bless u :)