[sachin]

@ch305 said:
Due to the fact that a loan note being held by the company was mentioned and I couldn’t see any other question using this piece of data I assumed that a currency swap could be used against the interest on this borrowing. So currency swap CAN be used according to me.

[sachin]

Yes … I agree … Swap was the right answer … That’s what I think …

[sachin]

How you calculate for MCQ she are value of convertible to find … It was 3 % and cost before tax 10% with tax 30 % … Do we need to deduct tax from both the figures like 2.1 and 7 % ?? I tried doing with 2.1 but didn’t work … Similar question in case too ….

[Author]

Posts