part(b)
1)-fixed rate sterling loan
when raising an amount they took 44.93 as repayment
2)-swiss franc loan
when raising an amount they took 80 as repayment
3)-euro bond
when raising an amount they took 42 as repayment
my question is that the treatment for the issue net issue of cost as market value is same for swiss franc loan and euro bond but different for fixed rate sterling loan , please advise sir?
Ask the Tutor ACCA AFM
McTee (SFM, JUNE 05)
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