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Loan Note

This topic has 1 reply, 2 voices, and was last updated 15 years ago by dare.

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June 1, 2010 at 7:43 pm #44335
candik
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If P acquires S by issuing $100 10% loan note for every 500 shares acquired. How do you calculate?
June 2, 2010 at 1:40 pm #61834
dare
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It appears that your question is not complete. But restricting the answer to the question,
To computer the cost of investment in S, you would multiply $100 by x/500. where x is the numbers of shares acquired in S.
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