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E-view Cinemas Sep Dec 17

This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.

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April 29, 2022 at 8:38 am #654592
tinkle
Participant
- Topics: 51
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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??
April 29, 2022 at 8:51 am #654597
John Moffat
Keymaster
- Topics: 57
- Replies: 54702
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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