Question
A business deal requiring payment of $10,000 plus simple interest for 270 days is due 180 days from now. What payment would be required to
A business deal requiring payment of $10,000 plus simple interest for 270 days is due 180 days from now. What payment would be required to discharge the debt today if a settlement rate of 12% simple is used?
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The Handbook Of Hybrid Securities Convertible Bonds CoCo Bonds And Bail In
Authors: Jan De Spiegeleer, Wim Schoutens, Cynthia Van Hulle
1st Edition
1118449991, 978-1118449998
