ACCA December Exams

Post comments & Vote in Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>

June 2013 Q1 Mlima

This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
August 23, 2018 at 9:48 am #469061
Ng
Member
- Topics: 25
- Replies: 3
Hi John,
Appendix 4 calculates the value of unsecured bond. What does nominal value $40m of bond mean? Does it mean the par value?
Is the $56.84m market value of 1 bond or Mv of total number of bonds?
Please help me clarify this. Thanks a lot
August 23, 2018 at 4:57 pm #469112
John Moffat
Keymaster
- Topics: 57
- Replies: 54500
Nominal and par value both mean the same thing.
How on earth can you expect 1 bond to have a market value of $56.84M !!!!!
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.