20. On 12-31-20 J entered into an agreement allowing J to collect the following: Starting 12-31-21, $1,000 every 12-31 until 2024. On 12-31-25, a one-time collection of $2,000. Nothing in 2026 Starting 12-31-27, $500 every 12-31 until 12-31-30. > How much total cash will J eventually collect? Assume a market interest rate of 5%. As of 12-31-20, what was the present value of J's receiva
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- KF2. Ned used $98,303.259 to purchase a 180-day $100,000 bank bill on 1 May 2022. He sold this bank bill on 21 August 2022 at a yield rate of 4.77% p.a. (simple interest rate). 3. Calculate Ned’s holding period yield (expressed as a percentage and rounded to two decimal places). Select the correct answer. a. 2.48% b. 2.61% c. 2.95% d. None of above option is correct. 4. Find Ned’s capital gain/loss component of the dollar return on his investment (rounded to two decimal places). The “dollar return on the investment” means the difference between the sale price and the purchase price. Select the correct answer. a. 194.78 b. -233.00 c. -421.89 d. None of above option is correctOn January 1, 2022, Ace Company finished landscaping services and accepted in exchange a 10% $400,000 promissory note with a due date of December 31, 2024. Interest is receivable at December 31 each year. Notes with similar risk have a market rate of interest of 5%. Set financial calculator to zero decimal place. Required: (a) Determine the value of the following: N = Answer 1 Question 4 I/Y = Answer 2 Question 4 PMT = $Answer 3 Question 4 FV = $Answer 4 Question 4 (b) The present value of the note was $Answer 5 Question 4 (c) Prepare a Schedule of Note Discount/Premium Amortization for Ace Company under the effective interest method. Ace Company Schedule of Note Discount/Premium Amortization Effective Interest Method Date Cash Interest Amortized Amount Carrying Value of Note Jan 1, 2022 $Answer 6 Question 4 Dec 31, 2022 $Answer 7 Question 4 $Answer 8 Question 4 $Answer 9 Question 4 Answer 10 Question 4 Dec 31,…Mf2. 5. In March 2022, General Electric and JPMorgan Chase enter into a three-year OIS. GE agrees to pay JPMorgan Chase a fixed rate of 4% every three months on a notional principal of $120 million. JPMorgan Chase agrees to pay GE the three-month SOFT floating reference rate on the same $120 million notional principal. For General Electric, what are the floating cash flows received, fixed cash flows paid, and overall net cash flows with the following SOFR rates: 2.15; 2.65; 2.90; 3.15; 3.20; 3.45; 3.60; 3.80; 3.95; 4.05; 4.20; 4.35
- Jena Pattinson expects to withdraw uniform amounts for the next five years. Find the value "A" for the cash flow shown below at 8%. A. A. A A 1 3 5 8 $250 $250 $250 O a. $518 O b. $203 O c. $347 O d. $481Assume that the interest rate is greater than zero. Which of the following cash-inflow streams totaling $1,500 would you prefer? The cash flows are listed on order for year 1, year 2 and year 3 respectively. Select one: a. $300; $500; $ 700 b. $700; $500; $ 300 c. Any OF the above since they all sum to $1,500 d. $500; $500; $ 500What is the interest income for 2022? Beach Bank loaned Boracay Company P7,500,000 on January 1, 2019. The terms of the loan were payment in full on January 1, 2023 plus annual interest payment at 11%. The interest payment was made as scheduled on January 1, 2020. However, due to financial setbacks, Boracay Company was unable to make the 2021 interest payment. Beach Company considered the loan impaired and projected the cash flows from the loan on December 31, 2021. The bank accrued the interest on December 31, 2020, but did not continue to accrue interest for 2021 due to the impairment of the loan. The projected cash flows are: Date of cash flow Amount projected on December 31, 2021 December 31, 2022 December 31, 2023 500,000 1,000,000 December 31, 2024 2,000,000 December 31, 2025 4,000,000 The PV of 1 at 11% is 0.90 for one period, 0.81 for two periods, 0.73 for three periods, and 0.66 for four periods. a. 589,600 b. 534,600 O c. 825,000 O d. 599,456
- o19 Dabur Limited expected the folowing future cash fiows from the use of equipment End of Year 1 OMR 7500, End of Year 2 OMR 6500, End of Year 3 ed OMR 9200, End of year 4 OMR 8500. The discount rate was determined as 12% The equipment can be sold in the active market for OMR 27,000 d out of with an agent's commission of OMR 2000.The recoverable amount of the equipment shall be ouestion OMR 23,000 None of them OMR 25,000 OMR 21,000The company purchased the equipment 600,000. The interest rate of bank is 12,400. The loan is denominated in OMR, matures on March 31 2019. The spot rate of OMR 2.50. What is the value of interest expenses? Select one: a. None of the other points b. OMR 12,400 c. OMR 1,500,000 d. OMR 31,000The company purchased the equipment 600,000. The interest rate of bank is 12,400. The loan is denominated in OMR, matures on March 31 2019. The spot rate of OMR 2.50. What is the value of interest expenses?Select one:a. OMR 12,400b. OMR 1,500,000c. OMR 31,000d. None of the other points
- After paying all their liabilities, Mark, Lark, and Park had the following balances: Partner Capital Loans P&L ratio Mark P102,960 P90,000 12/25 Lark 89,040 30,000 8/25 Park 68,100 39,900 5/25 Cash available for distribution amounts to P37,800, remaining assets of P382,200 will berealized piecemeal in the next month. How much of the P37,800 cash should Parkreceive?57. On April 1, 2028, A Company issued a P 9,000,000 non-interest-bearing note due March 31, 2031, for a piece of land with a cash price of P 6,949,800. Effective interest rate is 9%. Determine the interest expense for the year ended December 31, 2028 Round off final answer to the nearest peso.rch LG2 PS-4) Future values For each of the cases shown in the following table, calculate the future value of the single cash flow deposited today at the end of the deposit perk if the interest is compounded annually at the rate specified. AAVA** C D Single cash flow $ 200 4,500 10,000 25,000 37,000 40,000 Interest rate O E 8 9 10 11 Deposit period (years) 20 7 10 в гро