Financial Accounting SFCC Fall 2007
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What you need to know before buying or selling Bonds; either at a Discount or Premium
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###Warning. this video contains very bad language####### Please do not get offended it is in context with the situation a very drunk conversation about Premium Bonds. Music copyright Allthingsdemented.
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Source: cfa.minute-class.com This movie clip teaches you how to treat a premium bond with Excel spreadsheet. The important point is market rate when the bond was issued has to be used in all the discounting and interest calculation. A corporate issued 0M bond with annual coupon payment of 8% on Jan 1, 2000. When the bond was issued, the market rate was 7%. Calculate the balance sheet liabilities in 2000, 2001and 2002.
Video Rating: 2 / 5
Premium bonds are one of the most popular saving products in the UK. However, Christine toner questions how good they really are.
Video Rating: 1 / 5