Book1 - presentvalueofordinaryannuityof$1 yearly 12% 3years...

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yearly 12% 3 years interest  semi 6% 6 periods quarterly 3% 12 periods Market rate  = present value of $1 Principle BE 14-2 Interest  2,000,000.00   23.11477   46,229,540.00   80,000,000  Principal  80,000,000.00   0.30656   24,524,800.00   0.025   70,754,340.00   2,000,000   PV factor   40   0.03  BE 14-5  82,218,585   0.04   3,288,743   3,288,743   138,743   90,000,000   3,150,000   0.035   3,150,000  BE 14-6 Interest Expense  1,474,156   80,000,000       Bond Discount  274,156   0.015       Cash  1,200,000   1,200,000  Exercise 14-10 500000 9% 4 years  10% market  Interest  22,500   6.46321   145,422  Principal  500,000   0.67684   338,420   483,842  Cash  483,842  Bond disc  16,158        Bonds pay  500,000  Cash  Expense  Amort Cv  0.05   483,842  1  22,500   24,192   1,692   485,534  2  22,500   24,277 
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Book1 - presentvalueofordinaryannuityof$1 yearly 12% 3years...

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