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Suppose CBA invest in $50 million worth of vietnam's government bonds. A year later, the country is unable to pay its debt to CBA, Which
Suppose CBA invest in $50 million worth of vietnam's government bonds. A year later, the country is unable to pay its debt to CBA, Which forces the bank to sell these bonds at 50% of its face value. You are a financial manager at ABC limited, An Australian company that wants to expand its business to vietnam. Device a debt-equity swap with CBA that allows your company to acquire the vietnam dong for your vietnam investment ( 4.5 marks) Explain how your debt-equity swap benefits CBA, your company, and the vietnamese economy.
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