NO.PZ2016012102000157
问题如下:
At the beginning of 2017, PZ company enters a finance lease for 5 years with annual payments of $1,000 paid in front. The interest rate on the lease is 6%, which of the following statements is the most correct?
选项:
A.The amount of interest expense recognized by PZ in 2017 is closest to $207.91.
B.The amount of interest expense recognized by PZ in 2017 is closest to $252.74.
C.The amount of interest expense recognized by PZ in 2017 is closest to $267.91.
解释:
A is correct.
At the beginning of 2017, use BGN mode: N=5; I/Y=6; PMT=1,000; FV=0, CPT PV=4465.11
The first payment is made, therefore the finance lease liability is $4465.11 - $1000=$3465.11
The amount of interest expense recognized by PZ in 2017 is $3465.11 × 6%=$207.91
考点:债券利息费用的计算
根据已知信息,annual payment paid in front, 所以是BGN模式,用计算器得出债券的初始价值。
使用BGN模式:N=5; I/Y=6; PMT=1,000; FV=0,CPT PV=4465.11
2017年初,确认债券价值 $4465.11
2017年初,由于$1000利息已付,因此融资租赁债务的价值 = $4465.11 - $1000 = $3465.11
2017年末,计算第一期确认的利息费用 = 融资租赁债务的价值 * 市场利息率(market interest rate) = $3465.11×6%=$207.91
PZ 2017年确认的利息费用金额为$207.91。
是因为,已经期初还了就不用算利息了,所以不是4465.11×6%,这么理解对么,谢谢