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E-view Cinemas Sep Dec 17

Ttinkle4y ago
Hello, Please help me understand why are we only paying off the debt at its book value of 3200 why not multiply by current MV and divide by par value of 100??
John MoffatJohn MoffatTutor4y ago#1
They are not buying the debt in the stock exchange, they are simply paying off the amount of the borrowing which is 3,200.
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