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标题: [CFA level 1模拟真题]Version 5 Questions－Q25 [打印本页]

作者: cfaedu 时间: 2007-10-24 19:16 标题: [2007 CFA level 1模拟真题]Version 5 Questions－Q25

Q25. Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise notes.

A company issued a $1,000 face value bond on 1 January. The annual coupon rate on the bond is 10 percent, interest is paid semiannually, and the bond matures in five years. The market rate of interest when the bond was issued was 9 percent on an annual basis. The amount of the initially liability recorded and the interest expense recorded on the first coupon payment date, respectively, were closest to:

	Amount of the initial liability recorded	Interest expense recorded on the first coupon payment date
A	$1,000	$47
B	$1,000	$50
C	$1,040	$47
D	$1,040	$50

作者: cfaedu 时间: 2007-10-24 19:44

答案详解如下：

Q25. C Study Session

Because the liability and interest expense recorded are both based on market rates of interest when the bond was issued, not the coupon rate on the bond. The market value of the bond at issuance was $1,039.56 (FV=1000, PMT=50, N=10,I/Y=4.5). Interest expense is the market rate at date of issuance multiplied by the balance of the liability. ($1,039.56)(0.045)=$46.78

作者: liquidn 时间: 2007-10-24 21:26

??

作者: fantasy_ln 时间: 2007-11-3 21:03

11

作者: technet 时间: 2007-11-6 18:43

c

作者: ondesert 时间: 2007-11-14 13:18

c

作者: roger88 时间: 2007-11-20 02:01

thanks

作者: 一只船 时间: 2007-11-20 10:27 标题: e

e

作者: xiaomufeng 时间: 2007-11-22 16:49

c

作者: LEEFEI571 时间: 2007-11-23 13:11

C

作者: irismay 时间: 2007-11-24 23:14

thanks

作者: alaiyeshi 时间: 2007-11-24 23:53

C

作者: uuu571 时间: 2007-11-26 03:55

c

作者: nijiu 时间: 2007-11-26 11:24

看看

作者: 水模样 时间: 2007-11-26 13:14

c

作者: vivian1022 时间: 2007-11-26 13:59

c

作者: mecca 时间: 2007-11-28 21:57

zz

作者: cghui 时间: 2007-11-29 15:23

c

作者: cghui 时间: 2007-11-29 15:33

;

作者: jimmysfu 时间: 2007-11-30 10:09

vv

作者: whmanutd 时间: 2007-11-30 11:14

c

作者: pwmho 时间: 2007-12-15 11:43

TY

作者: wj_cathy 时间: 2007-12-29 10:23

?

作者: 格子的天空 时间: 2008-1-3 08:44

D

作者: deanleon 时间: 2008-3-18 10:31

see

作者: jordan999 时间: 2008-3-25 14:08

ok

作者: hichris 时间: 2008-4-2 12:51

d

作者: wj_cathy 时间: 2008-4-15 19:05

a

作者: liten333 时间: 2008-4-28 15:08

c

作者: twinklelee 时间: 2008-5-9 07:31

thanks

作者: lyh1999 时间: 2008-5-9 10:54

CCC

作者: gdtoknw 时间: 2008-5-16 08:22 标题: thx

thx

作者: clover 时间: 2008-6-5 09:42

c

作者: vivivin 时间: 2008-6-20 10:51

re

作者: Allenliu 时间: 2008-6-24 17:58

[em02]

作者: simonjia 时间: 2008-6-30 19:36

d

作者: ninerooms 时间: 2008-7-1 13:57

88

作者: waterccc 时间: 2008-7-7 15:54

[em02]

作者: elea0930 时间: 2008-11-3 02:32

c

作者: jojoe 时间: 2008-11-21 22:22

[em01]

作者: jiguobiao 时间: 2009-3-11 23:07

a

作者: duo1115 时间: 2009-3-26 15:46

c

作者: tomathome 时间: 2009-10-28 10:27

d

作者: suhulijing 时间: 2009-11-13 16:35

thanks

作者: xxjj564 时间: 2011-3-15 10:06

 a

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