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convertibles

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › convertibles

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  • July 8, 2011 at 9:22 am #49267
    klauslily
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    In terms of the example 1 from chapter 12,question b asks us to calculate the current market value. The answer given uses the nominal interests rate 8% as discount factor, instead of effective return rate 10%. Is that correct ? Thanks in advance for the help.

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