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September 9, 2016 at 6:38 pm #339511
sachin
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@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.
September 9, 2016 at 6:30 pm #339499
sachin
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Yes … I agree … Swap was the right answer … That’s what I think …
September 9, 2016 at 6:27 pm #339494
sachin
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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 ….
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