Question
kkR's US subsidiary wants to expand internationally and is locking in the Euromarkets. it has access to 2 banks syndicates that are willing to back
kkR's US subsidiary wants to expand internationally and is locking in the Euromarkets. it has access to 2 banks syndicates that are willing to back JPY 100 million, 3 year Euroyen loan
Note Euroyen is the same Euro dollar, but denominated in JPY
ANN charges 1.08% fee and 1.11% interest
Westpac charges 0.82% fee and 1.44% interest
kkR has a 7% discount rate and will make its debt on annual basis. What is the present value of each offering?
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Lets calculate the present value for each offering ANN Syndicate Loan amount JPY 100 million Fee 108 ...
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
