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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Convertible loan
Sir that the name given to the figure that is added to carrying amount of the loan note in d SOFP ?
I noticed that after calculating the PV
We need to calculate for both liability and equity component .
Thereafter calculate the finance cost for the year . In this Finance cost , we dudect the annual payment and the remaining balance added to the CA of the loan note in d SOFP .
This figure what is it called ?
“Excess effective interest over coupon rate”?
Does it have to have a name?
Will the above do?
OK?
