Question
If a company issued bonds at 106%, does this mean the market rate is 6%? And, if the bonds were issued at 93%, does this
If a company issued bonds at 106%, does this mean the market rate is 6%?
And, if the bonds were issued at 93%, does this mean the market rate is 7%?
Explain, thank you!
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Applying IFRS Standards
Authors: Ruth Picker, Kerry Clark, John Dunn, David Kolitz, Gilad Livne, Jance Loftus, Leo Van Der Tas
4th Edition
1119159229, 9781119159223
