Suppose investors can earn a return of 2% per 6 months on a Treasury note with 6 months remaining until maturity. The face value
1 answer:
Answer:<u> Selling Price = $9803.92</u>
Explanation:
Given:
Treasury bill will provide 2% return in every 6 months.
Time = 6 months
Rate of return = 2% per 6 months
Selling Price of Treasury bill =
Selling Price =
<u><em>Hence price we would expect a 6-month maturity Treasury bill to sell for is $9803.92</em></u>
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Answer:
$4235350.
Explanation:
Given: Estimated fair value of the equipment= $1000000.
Estimated fair value of the building= $7000000.
Estimated fair value of the land= $2000000.
One Purchase price of equipment, building and land= $6050500.
First finding the allocated percentage share of building.
Total amount shared by building, land and equipments=
∴ Total amount shared by building, land and equipments=
Allocated percentage share of building=
⇒ Allocated percentage share of building=
∴ Allocated percentage share of building=
Now, calculating amount would the company record the building.
Amount recorded for the building=
⇒ Amount recorded for the building=
∴ Amount recorded for the building= .
Hence, amount that company would record for building is $4235350.